Medical reimbursement plan for less then 2% owner of S corp
by wildsunflowers, Window Shopper
- Created: June 30, 2009, 3:51 pm
I just set up LLC with me being a 98% owner and my husband less then 2%, and elected to file as S. He is an employee of the business with minimum salary. It was suggested to me that we could create a Medical Reimbursement Plan to cover his (and mine as his spouse) medical expenses under MERP and since he is <2% owner this would not have to be added to his W2.
Is that indeed a possibility? Thank you for any help.
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