Article Date:
April 2017


Word Count:
322

 

 

Q&A: How the 105-HRA Creates New After-Tax Cash from Health Insurance


Question

 

Regarding the 105-HRA, my husband has two businesses, and both businesses involve him as the sole operator-worker. In other words, there are no employees.

 

The two businesses are:

 

1.

A ranching operation on Schedule F of the Form 1040

2.

A self-employed business on Schedule C of the Form 1040

 

Currently, my husband pays the family health insurance premiums from his Schedule C business.

 

If my husband were to hire me as a part-time bookkeeper for the ranching business on Schedule F, could all of the nonreimbursed medical, dental, and vision expenses for the family be run through a 105-HRA set up under the Schedule F business? ... Log in to view full article.

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