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  • 1.  COBRA S corp Health Ins

    Silver Most Valuable Member
    Posted 09-03-2015 07:46 AM

    I just cam across commentary in RIA concerning COBRA as SE health insurance. Per RIA IRS not clear on issue or not made determination. Argument against being deductible is that COBRA policy not owned by either the taxpayer or the S corp. Argument for taking the deduction is that Medicare is allowed deduction as SE health insurance and is not owned by either the taxpayer or the corporation.

    Good luck.

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    Robert Sick
    ROBERT SICK, CPA PLLC
    Patchogue NY
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