Search Help


Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
February 2009


Word Count:
703

 

 

Medical Insurance Deduction for the S Corporation Owner-Employee


Tax law places the more than 2 percent shareholder of an S corporation between a rock and a hard place with respect to his health insurance deduction.

 

First, if the S corporation pays for the health insurance of the more than 2 percent owner, then the cost of that health insurance must be treated as additional compensation to the shareholder-employee. Thus, at the S corporation level, the more than 2 percent shareholder receives no fringe benefit for health insurance.

 

Second, the ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee



 

SS