Can My S Corp Pay For My Health Insurance?

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   Barry Cohn

   President, RGEB Employee Benefits, Los Angeles

   The quick answer is that if you have an S Corporation you get the full deduction for your health insurance howeer it transfers to line 29 Self-employed health insurance deduction on your 1040 form.
   
   As an example if I have health insurance for my employees that also covers me as an owner, I write one check for the health insurance premium on a company check. My portion of the health insurance flows to my personal tax return on line 29 so I get the full deduction.
   
   You may want to check with your CPA about this deduction..

   Answered on May 9, 2014

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