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Old 12-21-2010, 01:41 PM
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C-Corp Life Insurance Premiums Paid

Was wondering if life insurance premiums paid by C-Corp on behave of the owners/they are employees of this c-corp also, are deductible



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Old 12-21-2010, 02:29 PM
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Unfortunately, life insurance premiums paid by a corporation are non-deductible items and as such are reported on Schedule M-1 as a non-deductible item.

Please also refer to the following link below for a detailed discussion on this topic.

Officer Life Insurance Premiums

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