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Article Date:
March 2013

Word Count:



Clarifying Flow Chart for S Corporation Health Insurance

Step 1


Read the flow chart below.



Step 2


Review this. Here’s what’s happening:


First, the S corporation pays for the health insurance either directly or by reimbursing you, the owner-employee.


Second, the S corporation either



discriminates in its coverage of employees, in which case the cost of health insurance shows on your W-2 as a wage subject to FICA and Medicare taxes, or


does not discriminate in its health insurance coverage of employees, and thus your W-2 wage for the cost of your insurance ... Log in to view full article.

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