Health INsurance Premiums & Payroll Taxes


Angela Thornton

Our small business usually pays 60% of our employees health
insurance. About 9 months ago, one of our employees was hurt
in a non-work related auto accident. Since then, the company
has been paying 100 % of his insurance premiums. (Not one of
our standard benefits, just a manager with a big heart.) The
employee has still not returned to work, and has no income
that I know of.

My question is - do we need to report any/all of the
premiums we have paid on his behalf as income?

Angela Thornton


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question