We would like to share an important IRS reporting update with Health Trust enrollees and covered spouses participating in the DVHT Wellness Program. Previously, members who earned $600 or more in wellness incentives or reimbursements received a Form 1099 for tax reporting purposes. Under the updated IRS revenue guidelines, the reporting threshold has increased to $2,000.
As a result, participants will now only receive a Form 1099 if total qualifying incentive and reimbursement earnings reach $2,000 during the calendar year. If you have questions regarding your wellness incentive or reimbursement earnings, please contact the Health Trust Wellness Team. For questions related to personal tax obligations, we recommend consulting a qualified tax professional.