Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

  • Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 678 other followers

  • Blog Stats

    • 307,376 hits
  • Posts By Day

    February 2006
    M T W T F S S
  • Subscribe

  • Special Pages

Health Insurance

Posted by taxguru on February 5, 2006


Subject: Tax Question
What are the rules governing health insurance premiums for the single shareholder of an S Corp who is also an employee?  Is it considered taxable income on the W-2?


Any person owning more than 2% of the S corp stock must report the health insurance premiums as taxable wages on his/her W-2. 

As I’ve mentioned countless times, that is not the case for shareholders of C corps.

Your personal tax advisor can give you more detailed assistance with this.

Kerry Kerstetter


Sorry, the comment form is closed at this time.

%d bloggers like this: