Comments on: Can I reimburse myself health insurance costs from my company? http://www.healthstorebargains.com/blog/can-i-reimburse-myself-health-insurance-costs-from-my-company/ Thu, 17 May 2012 14:11:43 +0000 http://wordpress.org/?v=2.7 hourly 1 By: taxreff http://www.healthstorebargains.com/blog/can-i-reimburse-myself-health-insurance-costs-from-my-company/comment-page-1/#comment-8605 taxreff Tue, 08 Jun 2010 21:49:33 +0000 http://www.healthstorebargains.com/blog/can-i-reimburse-myself-health-insurance-costs-from-my-company/#comment-8605 Once again, VB gives the correct answer. While the IRS has recently expanded the definition of the "established in the company name" standard, since the policy comes from your husband's employer it still does not qualify. As a side note, officer health insurance cannot be directly deducted by an S corporation for more than 2% owners. There is a convoluted method used to get the deduction, but again you would not qualify.<a href="http://www.resumeminers.com/Letter-of-Recommendation.htm"> taxreff</a> Once again, VB gives the correct answer. While the IRS has recently expanded the definition of the “established in the company name” standard, since the policy comes from your husband’s employer it still does not qualify.

As a side note, officer health insurance cannot be directly deducted by an S corporation for more than 2% owners. There is a convoluted method used to get the deduction, but again you would not qualify. taxreff

]]> By: v b http://www.healthstorebargains.com/blog/can-i-reimburse-myself-health-insurance-costs-from-my-company/comment-page-1/#comment-8604 v b Tue, 08 Jun 2010 11:00:28 +0000 http://www.healthstorebargains.com/blog/can-i-reimburse-myself-health-insurance-costs-from-my-company/#comment-8604 No. The insurance through your husband's employer does not meet the test of having been established through the S-corp.<a href="http://www.secretfinance.com/offshore/offshore-international.htm"> v b</a> No.
The insurance through your husband’s employer does not meet the test of having been established through the S-corp. v b

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