Can I reimburse myself health insurance costs from company?

lakeesha asked:


We used to have individual health insurance, and I would pay for it out of my own company (an S Corp). When we got insurance through my husband’s employer, I stopped reimbursing myself.
He is paid for by the company, and then it costs extra to add myself and our child.

I was just going to deduct health insurance premiums on our Sch A, but we don’t have enough other medical expenses to meet the limit.

Is it ligit to go ahead and reimburse myself the amount that it cost for the health insurance? Then it would be a business expense. Thanks.

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One Response to 'Can I reimburse myself health insurance costs from company?'

1. Powered By Yahoo Answers - December 25th, 2009 at 2:38 pm

   Powered By Yahoo Answers

   No.
   The insurance through your husband’s employer does not meet the test of having been established through the S-corp. Try this site, if you want to find the best or the cheapest health insurance just in one minute,

   Here you can get free quotes from different companies in your area, its the best way to find an affordable health insurance with a reliable company.

   Hope this help,