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I am the sole 100% owner of a C-Corp. Can my C-Corp pay
Second opinion] I am the sole 100% owner of a C-Corp. Can my C-Corp pay myself and my dependents health insurance premiums directly and deduct those premiums as a business expense? Also, I have 2 full… read more
emc011075
emc011075
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Bachelor's Degree
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I work for the VA, directly thru the VA (not thru a locums
I work for the VA, directly thru the VA (not thru a locums or 3rd party). I get paid per hour anywhere from 0-60 hours a week as desired. I am considered "Fee basis." Despite this, I receive a W2 from… read more
emc011075
emc011075
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Husband & wife are filing MFJ. Health care is paid the
Husband & wife are filing MFJ. Health care is paid for through the wife's company. $5000 annually is deducted from her pay check. Can the husband take this deduction off of his SCH C since it would be… read more
Lev
Lev
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I'm married, expecting a child in early 2016. I'm a
I'm married, expecting a child in early 2016. I'm a freelancer currently on an ACA health plan and my husband works for a small startup that offers him (but not me) a high deductible plan that is inad… read more
emc011075
emc011075
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Per IRS memorandum #201228037 dated May 1, 2012, UILC 162.07-31,
Per IRS memorandum #201228037 dated May 1, 2012, UILC 162.07-31, the Spouse's medicare insurance may be included in the Self employed taxpayer's health insurance as adjustment to income line 29, Form … read more
Robin D.
Robin D.
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Vocational, Technical or Trade School
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contractor w-2 employee through placement agency. so i work
contractor w-2 employee through placement agency. so i work for the placement agency. their health insurance offered was too expensive so i got my own health insurance for self,spouse, child (20 year … read more
Megan C
Megan C
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Background: have W-2 income with $82 Healthcare taken out of
Background: have W-2 income with $82 Healthcare taken out of check for 26 pay periods. Also have a sole prop business showing a profit of about $5K after dep/amort. Was entering bus liab and workers c… read more
Lev
Lev
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This is a combination of tax and employment law. I am a psychologist.
This is a combination of tax and employment law. I am a psychologist. My significant other is covered by my health insurance through the California Psychological Association. I am the primary breadwin… read more
winktax
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My question pertains to the self employed health insurance
My question pertains to the self employed health insurance deduction for 2010. Numerous sources on the web state that, for 2010, if you are self-employed, you can deduct the cost of health insurance a… read more
MequonCPA
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Husband and wife are both self-employed and file separate schedule
Husband and wife are both self-employed and file separate schedule C's on their joint return. Husband pays for health insurance premiums to BCBS, which insures both husband and wife equally. His healt… read more
Jesse Handel
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My family began a small plant (flowers, herbs, teaching) based
My family began a small plant (flowers, herbs, teaching) based business this growing season, with not more than $1500 in gross sales for this first year. We have a few questions, which are inter-relat… read more
jgordosea
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I have recently started a partnership in which I am a 50% owner.
I have recently started a partnership in which I am a 50% owner. My partner and I are paying cobra to our previous employer. Can we pay the cobra premiums directly from our new partnership or must the… read more
BK-CPA
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My husband and I own our own LLC and we are the only members.
My husband and I own our own LLC and we are the only members. We want to get health insurance and we want to write it off on Schedule C. The Health Insurance we want, ODS, does not have a plan for sma… read more
BK-CPA
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A married couple run an LLC which does web development. They
A married couple run an LLC which does web development. They have an administrative office at home (for collecting mail and keeping records) and an office they rent in an office space in town (for wor… read more
BK-CPA
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As a small business (LLC) with one employee who we will be
As a small business (LLC) with one employee who we will be providing health insurance for, can we just purchase an individual health insurance plan for her or does there need to be a group health insu… read more
BK-CPA
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ok, this is a little complicated...I graduated from chiropractic
ok, this is a little complicated...I graduated from chiropractic school in Dec 07 and moved home to San diego. From January to Aug 31, both my wife and I worked as independent contractors for a chirop… read more
Lev
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My husband and I are both self-employed Marriage and family
My husband and I are both self-employed Marriage and family Therapists in California. We have filed 1040 forms in the past but want to create a partnership and file a 1065 so we can get health care at… read more
MequonCPA
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I have an LLC formed in NC with 2 members, myself and my
I have an LLC formed in NC with 2 members, myself and my wife. I recently read that instead of filing a 1065 form, I can elect to file as a corporation using form 1120, and thereby take advantage of a… read more
Lev
Lev
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