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Text of IRS Chief Counsel Memorandum 201912001: Deduction of Company-Paid Health Insurance Premiums by S-Corp Shareholder-Employee (PDF)
Internal Revenue Service [IRS] 
[Official Guidance] Apr. 12, 2019
"In order for the 2-percent shareholder-employee to deduct the amount of the accident and health insurance premiums, the S corporation must report the accident and health insurance premiums paid or reimbursed as wages on the 2-percent shareholder-employee's Form W-2 in that same year. In addition, the shareholder must report the premium payments or reimbursements from the S corporation as gross income on his or her Form 1040[.]"
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