hazefreedom4010 hazefreedom4010
  • 01-01-2021
  • Business
contestada

H has a group major medical coverage through his employer. H's premiums paid are:______

Respuesta :

anthougo
anthougo anthougo
  • 05-01-2021

Answer:

H has a group major medical coverage through his employer. H's premiums paid are:______

non-taxable.

Explanation:

The premiums paid by H's employer on behalf of H are non-taxable employee benefits.  They are also not taxable to H's employer as long as the amount is considered a reasonable business expense. According to the IRS, health insurance plans are not subject to Social Security, Medicare, and FUTA taxes, or federal income tax withholding.

Answer Link

Otras preguntas

Why was South Carolina targeted for such damage
Consider the equations y = x , y = 2 3 x , and y = 2 3 x + 1 . Use transformations to complete the table of values. X y=x
4. In the Exploration, the sled does not move at all when two equal forces are applied opposing directions. Explain the reason behind this.
Show me how tornadoes are formed
Hellenic lauguages are mostly found in ?
According to the Fundamental Theorem of Algebra, which polynomial function has exactly 6 roots
Mr. Sutherland has 824 pencils in his desk. Every week he gives out 10 pencils. How many weeks until he has 764 pencils left?
The lecturer compared the humans eye to a camera lens Analogy Observation Inference
(EASY)what is the fraction for the following decimal expansion
D Question 5 1 pts The Dunham Classification for carbonates primarily uses the rock's texture to determine its rock name. O True O False