Jackie S asked:


We used to have individual health insurance, and I would pay for it out of my own company (an S Corp). When we got insurance through my husband’s employer, I stopped reimbursing myself.
He is paid for by the company, and then it costs extra to add myself and our child.

I was just going to deduct health insurance premiums on our Sch A, but we don’t have enough other medical expenses to meet the limit.

Is it ligit to go ahead and reimburse myself the amount that it cost for the health insurance? Then it would be a business expense. Thanks.

Kallie

2 Responses to “Can I reimburse myself health insurance costs from my company?”

1. v b on April 15th, 2009 9:46 pm

   No.
   The insurance through your husband’s employer does not meet the test of having been established through the S-corp.

2. taxreff on April 16th, 2009 1:46 am

   The policy comes from your husbands employer it still does not qualify as side note officer health insurance cannot be directly deducted by an corporation for more than owners there is convoluted method used to get the established in the deduction but again vb gives the established in the.