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Old 07-11-2010, 05:21 PM
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Cannon Shell Cannon Shell is offline
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Join Date: Aug 2006
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Quote:
Originally Posted by Danzig View Post
and i don't see a correlation between adding that line now and a tax on the info later. but maybe i'm just being naive in that degree. they already track income before and then income after 401k deposits, even tho the after is the only one to be taxed at the time.
Q-What would the first step be if you (IRS) were going to include benefits as taxable income?

A-Carve out a line on the W-2 for the dollar value of your employers plan.

The IRS doesn't collect information for informational purposes. The Cadillac plans are already going to be taxed. The rest of us are the next step.
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