Final answer:
The taxable and tax amounts for ER paid GTL premiums for coverage over $50,000 are reported on the W-2 as A. Excluded from Box 1, included in Boxes 3 and 5, Box 12 coded "C".
Correct option is A.
Step-by-step explanation:
The taxable and tax amounts for ER paid GTL premiums for coverage over $50,000 are reported on the W-2 as:
A. Excluded from Box 1, included in Boxes 3 and 5, Box 12 coded "C"