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 Home < Retirees < Health and Welfare Benefits < Medical Plans < Imputed Income
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Under current Internal Revenue provisions, the value of employer-paid medical coverage for anyone who is not your tax dependent is considered imputed income and is subject to FICA (Social Security and Medicare), federal income taxes, and any other required payroll tax. Domestic Partnners registered with the State of California and sam-sex spouses married in California between June 16, 2008 and November 4, 2008 or in another jurisdiction where the marriage is valid will not have imputed income for California. If you have submitted form UBEN 100 indicating you and your partner are registered and the filing date or if you indicate you have a same-sex spouse, you will not have imputed income for California income tax purposes. For federal tax purposes, you will have imputed income. If you claim your partner and/or your partner's child or grandchild as your tax dependent, you should not have imputed income. |
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