Welcome Guest. Register Now!  


For 2016 Tax Tips For Year 2016.


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 05-06-2016, 12:04 AM
Junior Member
 
Join Date: May 2016
Posts: 1
Health Insurance Premium paid for owner

Can C corporation deduct medical expenses or health insurance it pays for the officer, even though owner is not withdrawing any salary? It is new business and does not have much revenue, that is why owner is not withdrawing any salary.

Thank you,



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Health ins premium and medical expence deductions for 2014 cj56 C-Corporation 1 01-01-2014 03:29 AM
Starting in 2014, Taxpayers may be eligible for the Premium Tax Credit if they purchase health insurance through the Health Insurance Market Place TaxGuru General 0 11-06-2013 03:27 PM
Health Insurance Premium deduction seth1 C-Corporation 0 05-13-2013 09:50 PM
LLC Deduct Health Insurance Premium SandiJ Limited Liability Company 1 02-01-2011 02:42 AM
Health Insurance premium grod Itemized Deductions 1 03-04-2008 11:26 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.