Careful readers of Form W-2 might notice a new entry in box 12 of this annual income statement. As part of the new health care law, the amount of your workplace-provided health care benefits will show up here.
Don't panic. The code DD next to the amount indicates that the amount is not taxable income.
The entry is informational only, for you as well as the Internal Revenue Service. The IRS will use this data to help it enforce future health care law provisions.