Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

H has a group major medical coverage through his employer. H's premiums paid are:______

Sagot :

anthougo

Answer:

H has a group major medical coverage through his employer. H's premiums paid are:______

non-taxable.

Explanation:

The premiums paid by H's employer on behalf of H are non-taxable employee benefits.  They are also not taxable to H's employer as long as the amount is considered a reasonable business expense. According to the IRS, health insurance plans are not subject to Social Security, Medicare, and FUTA taxes, or federal income tax withholding.

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.