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Community > US Payroll >

US Payroll - QSEHRA: Any one with advice on how to set this up.

Started by Finance Manager -   in US Payroll

Hello my name is James

What it is:

The QSEHRA is a company-funded, tax-free health benefit used to reimburse employees for personal health care expenses.

With a QSEHRA, businesses offer employees a monthly allowance. Employees then choose and pay for health care, potentially including insurance policies, and the business reimburses them up to their allowance amount.

Assistance with:

I am wondering how to configure this in Xero.
This total needs to appear on employee's W-2 in Box 12 with code FF.
Hi James - the QSEHRA benefit would need to be administered outside of Xero, as the benefit isn't currently supported in payroll. We do have several great App Partners that may be able to help with this functionality.
 

Patty M (Xero Staff)  

Thanks,

We are moving forward with a straight allowance. (requiring employees to itemize to recover tax)

Is this something that is on the roadmap because under the hood is just a tax free reimbursement that can be added to the pay template for an employee and coded properly for w-2.
 

Finance Manager