Health Insurance Premiums & Payroll Deduction


E

EG

Hi folks,


My question is should the Health Insurance premiums be deducted before
or after the federal income & medicare taxes from the employee
earnings? In other words should the deduction apply to Gross or
NetPay?

Thanks
 
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C

Chris Luper

My question is should the Health Insurance premiums be deducted before
or after the federal income & medicare taxes from the employee
earnings? In other words should the deduction apply to Gross or
NetPay
Qualified Health Insurance Premiums are pre-tax deductions.
 
P

Paul

Chris Luper said:
Qualified Health Insurance Premiums are pre-tax deductions.

I think the employer would have to adopt an employee benefit plan for them
to be pre-tax (but after SS and Medicare).
 
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C

Chris Luper

Qualified Health Insurance Premiums are pre-tax deductions.
I think the employer would have to adopt an employee benefit plan for them
to be pre-tax (but after SS and Medicare).
You are correct. I should have been more specific with what I meant by
"qualified"
 

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