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December 22, 2006

One Person S Corporation Health Insurance Deduction at Risk, Advises CoreDocuments.com

Sole owner/shareholders of an S corporation may be surprised to learn that only a true group health insurance plan will be an above-the-line tax deduction on their 1040 return for 2006. IRS Headliner 163 released on May 15, 2006 says health insurance must be in the name of the S corporation to be an above-the-line deduction. Find the solution at CoreDocuments.com (PRWeb Dec 22, 2006) Post

From One Person S Corporation Health Insurance Deduction at Risk, Advises CoreDocuments.com

Posted by Doug at December 22, 2006 09:09 AM