Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Isn't paying a nanny's premium 100% deductible for the employer? Our nanny has A plan thru Obamacare that she pays for. However, with the current political situation, she was worried that It would be repealed. My DH has a small company and we offered to insure her thru his company and we would pay her premiums in lieu of a raise and we would take the full tax deduction on our personal income tax. Is that not correct?
That is illegal.
Not PP but how is that illegal?
New poster: The company group plan is for the company's employees, not the owner of the company's owner's household employee. Everyone covered by the company group plan must be a current employee or a family member of an employee. These conditions are set by the health insurance company.
New poster: How does the IRS know? You could say the nanny was running a daycare service in the office. Illegal or not, it happens all the time in California.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Isn't paying a nanny's premium 100% deductible for the employer? Our nanny has A plan thru Obamacare that she pays for. However, with the current political situation, she was worried that It would be repealed. My DH has a small company and we offered to insure her thru his company and we would pay her premiums in lieu of a raise and we would take the full tax deduction on our personal income tax. Is that not correct?
That is illegal.
Not PP but how is that illegal?
New poster: The company group plan is for the company's employees, not the owner of the company's owner's household employee. Everyone covered by the company group plan must be a current employee or a family member of an employee. These conditions are set by the health insurance company.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Isn't paying a nanny's premium 100% deductible for the employer? Our nanny has A plan thru Obamacare that she pays for. However, with the current political situation, she was worried that It would be repealed. My DH has a small company and we offered to insure her thru his company and we would pay her premiums in lieu of a raise and we would take the full tax deduction on our personal income tax. Is that not correct?
That is illegal.
Not PP but how is that illegal?
Anonymous wrote:Anonymous wrote:Isn't paying a nanny's premium 100% deductible for the employer? Our nanny has A plan thru Obamacare that she pays for. However, with the current political situation, she was worried that It would be repealed. My DH has a small company and we offered to insure her thru his company and we would pay her premiums in lieu of a raise and we would take the full tax deduction on our personal income tax. Is that not correct?
That is illegal.
Anonymous wrote:Isn't paying a nanny's premium 100% deductible for the employer? Our nanny has A plan thru Obamacare that she pays for. However, with the current political situation, she was worried that It would be repealed. My DH has a small company and we offered to insure her thru his company and we would pay her premiums in lieu of a raise and we would take the full tax deduction on our personal income tax. Is that not correct?
Anonymous wrote:Isn't paying a nanny's premium 100% deductible for the employer? Our nanny has A plan thru Obamacare that she pays for. However, with the current political situation, she was worried that It would be repealed. My DH has a small company and we offered to insure her thru his company and we would pay her premiums in lieu of a raise and we would take the full tax deduction on our personal income tax. Is that not correct?