Overview

Beginning April 1, 2007, employers must gather information to determine if a Health Care Contribution (HCC) will be due for the reporting quarter. Quarterly Health Care contributions are calculated by determining the "Full Time Equivalent" (FTEs) worked by "uncovered" employees during the reporting quarter.

Details

To determine if a Health Care Contribution will be due for the reporting quarter, a Vermont Department of Labor (HC-1) Health Care Contribution Worksheet must be completed by the employer. The worksheet is not filed with the Vermont Department of Labor however, employers are required to retain it for their records for three years.

The number of Adjusted Uncovered FTE employees on line C of the worksheet is reported in box 16 of Form VT C-101. The Health Care Contribution dollar amount reflected on line D of the worksheet is reported in Part III of VT Form WHT-436.

Note: The most recent HC-1 should always be used as the HCC premium varies.

Health Care Contribution Worksheet (HC-1)
Employer's Quarterly Withholding Reconciliation (WHT-436)

If it is determined that you owe an additional quarterly Health Care Contribution amount:

For Quickbooks Desktop Payroll Assisted

Fax the completed Assessment Worksheet, including your company name and federal identification number, to the Intuit Tax Department at 866.448.3899 or email it to statetaxinfo@intuit.com by the 5th day of the month following the end of the quarter: April 5, July 5, October 5, and January 5. If nothing is reported by this date, Intuit will file a 0 return.

The electronic filing will be adjusted and the amount due will be a separate debit from your bank account.

If you would like a confirmation receipt when we receive your worksheet please indicate on the fax cover sheet that you would like a confirmation receipt. And you MUST provide a valid email address for us to send it to.

For Intuit Full Service Payroll & QuickBooks Online Payroll Full Service:

A To-Do with the Health Care Contribution Worksheet will be added to your account following the end of the quarter. You are required to complete the worksheet and fax it to the Intuit Tax Department at 866.448.3899 or email it to statetaxinfo@intuit.com by the 9th day of the month following the end of the quarter: April 9, July 9, October 9, and January 9. If nothing is reported by this date, Intuit will file a 0 return.

The electronic filing will be adjusted and the amount due will be debited from your bank account as part of the Vermont Unemployment debit. (Note: your copy will not reflect this additional amount.)

If you provide the worksheet past the deadline and have a reportable amount, an amendment will be required. In this case, please contact us.

If you would like a confirmation receipt when we receive your worksheet please indicate on the fax cover sheet or in the body of the email that you would like a confirmation receipt and you MUST provide a valid email address for us to send it to.

For more information, see