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-   -   My employer pays my benefits 100% is this considered a bonus (https://www.askmehelpdesk.com/showthread.php?t=478368)

  • Jun 10, 2010, 12:14 PM
    MaggieS
    My employer pays my benefits 100% is this considered a bonus
    My employer pays my benefits 100% while the other employees pay a percentage. Is this considered taxable income
  • Jun 10, 2010, 12:20 PM
    jef1056

    No not usually but it can depend on the benefits.
  • Jun 10, 2010, 12:22 PM
    MaggieS
    Quote:

    Originally Posted by jef1056 View Post
    No not usually but it can depend on the benefits.

    It's the standard benefits, medical, dental and vision. I do not have to pay any employee contributions while others do. So, it's not considered a bonus?
  • Jun 10, 2010, 12:50 PM
    jef1056

    Not in most states. Some do regulate Health contributions so as not to disciminate against lower compensated employees.
    For tax purposes benefits are not considered compensation.
    If you have a concern you can have them paid as a bonus and then run them through your 125 plan and they would be tax free.
  • Jun 10, 2010, 03:07 PM
    Fr_Chuck

    In all states I have worked, there is no taxes paid on benefits
  • Jun 10, 2010, 03:57 PM
    jef1056

    Premiums on group life over $50,000 is taxable.
    Portion of Health, Dental etc. premium for a non IRS qualified dependent. Such as domestic partner etc. is taxable.
    Some other non mainstream benefits may be taxed.

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