Marketplace insurance reimbursement

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lakingery
Posts: 3
Joined: Thu Feb 14, 2019 4:17 pm

Marketplace insurance reimbursement

Post by lakingery »

Our youth minister has his insurance through the marketplace, and he is reimbursed for the payment monthly. Is it correct that
I am doing this as a Non-tax item in payroll??
Should it show up somewhere on his W-2??

NeilZ
Posts: 10217
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: Marketplace insurance reimbursement

Post by NeilZ »

lakingery wrote:Our youth minister has his insurance through the marketplace, and he is reimbursed for the payment monthly. Is it correct that
I am doing this as a Non-tax item in payroll??
Should it show up somewhere on his W-2??
I would definitely check with a tax professional, as we're not accountants, but what I was able to see in IRS Pub 15, 15-A, and 15-B, health benefits are non-taxable. However, this refers to employer provided health insurance, so I would check with a tax advisor on that.
Neil Zampella

Using PC+ since 1999.

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