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By August 10, 2010January 31st, 20142010, Tax Tips

W-2 Reminder

Shareholder health insurance premiums must be included in Box 1 of the W-2 form and Box 14 in order for the shareholder to deduct this amount on their personal tax return.

If you use a payroll service bureau this amount needs to be reported to them when you process your last payroll of the year.

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Accounting & Tax Solutions

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