MarZDoates
Jan 10 2007, 05:29 PM
Does anyone know if you should include the cost of health insurance premiums to 2% s-corp shareholders as wages for determining SIMPLE salary deferral elections/employer match? Thanks.
mjb
Jan 10 2007, 07:11 PM
yes- it is included as wages paid to the employee and deducted as health ins expense by the employee on the 1040.