Macalester College offers benefits to Registered Domestic Partners. An employee and their partner must complete, sign, notarize and submit a Declaration of Domestic Partnership Form to Human Resources prior to benefits enrollment in order to be eligible for domestic partner benefits.
Per Internal Revenue Service (IRS) and Minnesota Department of Revenue guidelines, Macalester College is required to report, as wages, the fair market value of the portion of the health, dental, and vision premium for domestic partners and non-qualified dependents. The portion of the health, dental, and vision premiums for domestic partners and non-qualified dependents is considered imputed income and is added to your taxes as taxable wages. The taxes associated with the fair market value of any elected health, dental, and/or vision benefit elections are in addition to the regular premiums associated with each respective benefit.
If you elect to have your Registered Domestic Partner covered under your plan, you will pay income tax and social security payroll tax on the portion of the insurance premium that your employer contributes to your partner’s policy.
For more information regarding this topic, please contact HR.