Guidance on Deducting Family Health Insurance Cost by a 2% Subchapter S Shareholder

Document Excerpt

An individual who is a 2-percent shareholder of an S corporation pursuant to the attribution of ownership rules under § 318 is entitled to the deduction under § 162(l) for amounts that are paid by the S corporation under a group health plan for all employees and included in the individual’s gross income, if the individual otherwise meets the requirements of § 162(l).

Link
https://www.irs.gov/pub/irs-wd/201912001.pdf

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