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Handling reimbursement of health insurance premiums

how to handle reimbursement of health insurance premiums of an employee

by Leslie65
01/28/11 11:51am PST
0 answers
440 views

in reply to: Run health insurance reimbursement through Quick Books

If you deduct the premium from salary on a paycheck, it is going to go into a liability account which the company would then pay, whether to a health ...

tags: quickbooks payroll, reimburse health insurance premium, s corp employee

by karena56
06/28/11 3:17pm PDT
1 answer
537 views

reimbured health insurance premiums shown on w-2

My accountant has instructed me to reimburse myself for ins. prem. paid for this year, and show the reimbursement on my w-2 as income. How do I show reimbursed...

by lrob
01/12/09 6:28am PST
0 answers
912 views

in reply to: health insurance for employee/owner of S Corp

Some of the article should help me, but I need to decrease the SS Wages by $8000 for reimbursment of the health insurance and if there wasn't that...

tags: enhanced, us desktop payroll

by tlf1808
02/03/12 9:38am PST
2 answers
362 views

Urgent Please- Intuit Online Payroll- Adjust W2 to include .2% healthinsurance premium

I need to create W2s for my company (S-Corp). The intuit online payroll can create it but does not allow me to adjust the wages in box 1 to add the...

by g197322
12/30/11 10:06am PST
2 answers
808 views

in reply to: reimbursed health premiums taxable?

We've been told it's not. Currently we are reimbursing an employee who chose to place herelf on her husband's plan only, dropped...

by Waterdist
08/28/12 6:02am PDT
2 answers
351 views

in reply to: Health Insurance reimbursment for Employee paid premiums

I don't know if I can help a lot, but I just want to get the conversation started. We need more information. You mention the employee ...

tags: 2012, us quickbooks pro for windows

by PaulaG012
03/21/12 9:58am PDT
1 answer
308 views

in reply to: Employer Reimbursement of Employee's Health Insurance Premium

I would check with their accountant if this is tax free or not. Also, you should check the laws within the state on if this is legal or not. In some states...

by katsright
08/14/09 3:35pm PDT
1 answer
1315 views

in reply to: How do I record health insurance premiums reimbursements?

Thank you for your quick response! I am still not clear on the treatment of the gross income. You mentioned the reimbursement amount ...

tags: 2010, us quickbooks pro for windows

by TonyLongPoint
12/13/11 10:49am PST
4 answers
1980 views

in reply to: Partial reimbursement for employee health insurance premium

I would like to have the company contribution added to the employee's paycheck with the taxes deducted. I set it up as suggested, but instead...

tags: 2012, us quickbooks pro for windows

by Camille1952
09/13/12 3:24pm PDT
3 answers
2020 views

How do you deduct health insurance premiums reimbursed to a partner?

How do I deduct health insurance paid personaly by a general partner (policy in his name) and reimbursed by the partnership? How do you deduct this on...

by acequia
03/23/09 11:19am PDT
0 answers
1586 views

Setup and processing Health Insurance Premium reimbursements

I am greater than 2% shareholder in S-Corp.

My health insurance is in MY name and not my corps.

I know I need to reimburse myself for the premiums. What...

by wall
10/19/08 8:26am PDT
0 answers
1331 views

in reply to: overpayment of health insurance premium

I am posting this again, as the first reply was a misunderstanding by the person replyingOne of our employees paid too much on their health insurance ...

by jmitch
05/09/06 8:36am PDT
15 answers
1793 views

in reply to: Health Insurance Premiums

There are two different ways to set up the deduction of the employee's share.Scenario 1: the employer collects the amounts from the employees'...

by berjones1
10/21/09 11:17am PDT
2 answers
736 views

in reply to: Health insurance premiums reimb.

To build off this.Isn't this really considered a reimbursement? I've seen this handled a couple different ways.

by littlequeen
02/04/10 4:39pm PST
3 answers
489 views

in reply to: Health Insurance Premiums

More than 2% owners are considered self-employed for purpose of health insurance page 1, 1040 deduction. Yet since it was not included in...

tags: proseries, 2011

by CDavis
04/14/12 6:37am PDT
8 answers
497 views

in reply to: Employee Reimbursements for Health Insurance

If you are currently deducting insurance from their paychecks, stop the deduction. Then setup an expense account "Employee Health Insurance"...

by AmyLK
05/19/09 7:12pm PDT
1 answer
2624 views

in reply to: How to reimburse health insurance

This happened to me once last year. What I did when creating paychecks is I manually entered the health insurance premium as a negitive number. Worked...

by pattymooody
05/22/06 11:15am PDT
2 answers
413 views

in reply to: Health Insurance Reimbursement Taxable?

For the Employees who are on the Company policy and premiums paid by the Company, this benefit is not taxable to the Employee. Just pay the premiums. ...

by 9BeanCounter123
11/19/07 2:22pm PST
2 answers
3744 views

in reply to: Health insurance reimbursement taxable?

If you are not running it through a Cafeteria Plan (Section 125) or HRA (Section 105), it will likely be classified as taxable income. Source: Why...

by 9BeanCounter123
01/23/13 4:57pm PST
1 answer
1820 views

188 Results found for reimburse health insurance premium