Article Date:
November 2011


Word Count:
711

 

 

Should Your S Corporation Discriminate on Your Behalf with Its Health Insurance Coverage?


Tax law mistreats the S corporation owner on health insurance.

 

First, if the S corporation pays the cost of health insurance to cover the owner, the owner does not get this coverage as a tax-free fringe benefit.

 

Second, even though the owner does not get tax-free fringe benefits from corporate-paid health insurance, the owner wants the S corporation to pay for the insurance. Why?

 

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With S corporation payment, the S corporation owner will qualify for tax-favored self-employed health insurance deductions on page 1 ... Log in to view full article.

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