Victor is a more than 2% owner of an S Corp and an employee. The S Corp pays his health insurance. How would this be treated by the S Corp and by Victor?

on 1 of 20. a more than 2% owner of an s corporation and an employee. The S corporatio his be treated by the S corporation and by Victor? 5 corporation would deduct Victor's wages as either wages or officer compensation benefit programs. Victor would receive Form W-2 with his wages reported. corporation would deduct Victor's wages as either wages or officer compensatic benefit programs. Victor would receive Form W-2 with his wages reported and t ) for health insurance. corporation would deduct Victor's wages as either wages or officer compensa penefit programs. Victor would receive Form W-2 with his wages and the amo it and take an adjustment on Schedule 1 (Form 1040) for health insurance. orporation would include in Victor's wages the amount it paid for health ins icer compensation. Victor would receive Form W-2 with his wages reporte for health insurance. ollow up Business Certification Test (2021) loyee. The S corporation pays his health insurance. How or officer compensation and the health insurance on line 18 wages reported. or officer compensation and the health insurance on line 1 vages reported and take an adjustment on Schedule 1 r officer compensation and the health insurance on line vages and the amount paid for Victor's health insuranc health insurance. aid for health insurance and deduct the total as eithe s wages reported and take an adjustment on Sched me are used to re