Randall Posted January 20, 2016 Report Posted January 20, 2016 Just to verify. S corp. Two shareholders/employees, husband and wife. No other employees. It is my understanding that they are treated as one employee and therefore exempt from ACA. Treatment of their health insurance premiums as in past. Box 1 on W2, not in Boxes 3 & 5. Above line deduction on personal 1040. Quote
TAXMAN Posted January 20, 2016 Report Posted January 20, 2016 As I reread and reread that's the way I am going. Quote
mwrightea Posted January 20, 2016 Report Posted January 20, 2016 That is my understanding, nothing changes for S-Corp officer until further guidance is issued by Internal Revenue Service. Quote
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