TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Prepaid Medical Insurance

February 09, 2010

Today TaxMama hears from Elaine in the TaxQuips forum, who tells us. “I have a client that is retiring now at age 55. He will receive $185,000 in deferred compensation. The company will withhold $111,000 for lifetime medical insurance for him. Can th