S Corp Owner

[Guest S Craig]

An S Corp owner has married one of his employees.

1. Can the employee continue to have medical premiums run through the 125 plan? and if so,

2. Can the employee pick up family coverage and have the whole premium run through her plan?

[jmor99]

Part of the answer to this might have to do with how they intend to file their tax return. For instance, if they are married filing separately there might be a chance. This might be a good question for a cpa. If filing a joint return, not a chance, since the S-corp owner gets credits(?) on their personal return for medical expenses. We need a cpa to jump in here.