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HRA for C corporation
originally posted: 11/22/2006
reposted: 2/18/2011 This post has not
been recently reviewed or revised by the author and may be out of date.
If you notice an error or are in doubt, please send a new question by
email or ask for an update. Email asktony@tonynovak.com.
Q: We are a 2 person C
corporation. The 2 employees are officers and shareholders. Are we
eligible for an HRA?
A: Yes, one key advantage of the
C corporation business format is that owners are entitled to full
medical benefits as a tax deductible business paid expense, either
through an HRA or any other allowable method. More information is
available at http://freedombenefits.org/HRA.htm and in the articles
referenced at the bottom of the page.
Summary
More resources:
Freedom Benefits Association
