Start a conversation

How do I record medical insurance paid for S-Corp 2% shareholders?

If you want to record medical insurance premiums paid to an S-Corp member so taxes are calculated and paid properly, follow the steps below:

  1. Set up the S-Corp 2% Owner earning if you don't already have it.
  2. Once the earning is set up, navigate to the Enter Payroll screen.
  3. Find the employee you want to pay, and select that earning from the dropdown under Other Compensation.

  4. Enter the amount of the reimbursement.

  5. Repeat this process for any other employees who need it.

To add as an additional check

  1. Set up the S-Corp 2% Owner earning if you don't already have it.
  2. Once the earning is set up, navigate to the Enter Payroll screen.
  3. Choose Additional Checks at the top of the screen.
  4. Follow these steps to add an additional check.


Choose files or drag and drop files
Was this article helpful?
Yes
No