Health INsurance Premiums & Payroll Taxes


A

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?

TIA,
Angela Thornton
 
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