Joe is an employee shareholder of an corporation his medicare wages were $20000 his premiums were paid by the escorporation for a total of $2500 he is a 1% shareholder in the escorporation which of the following reasons account for why Joe does not qualify for the self-employed health insurance deduction His medicare wages were only $20000 B his premiums were paid by the S corporation rather than Joe C he was not at least a 2% shareholder in the escort duration the none he does not qualify for self-employed health insurance deduction
Joe is an employee shareholder of an corporation his medicare wages were $20000 his premiums were paid by the escorporation for a total of $2500 he is a 1% shareholder in the escorporation which of the following reasons account for why Joe does not qualify for the self-employed health insurance deduction His medicare wages were only $20000 B his premiums were paid by the S corporation rather than Joe C he was not at least a 2% shareholder in the escort duration the none he does not qualify for self-employed health insurance deduction
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Joe is an employee shareholder of an corporation his medicare wages were $20000 his premiums were paid by the escorporation for a total of $2500 he is a 1% shareholder in the escorporation which of the following reasons account for why Joe does not qualify for the self-employed health insurance deduction
His medicare wages were only $20000 B his premiums were paid by the S corporation rather than Joe C he was not at least a 2% shareholder in the escort duration the none he does not qualify for self-employed health insurance deduction
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