In TurboTax Business, what is the deduction category for medical reimbursement expenses paid to employees?

[commstrat]

I don't like to use the "Misc" deduction category unless no other options, so in the list of available deductions in TurboTax Business, where best to place expenses for medical reimbursements paid to employees?

[MinhT1]

You can categorize these payments as Compensation and Benefits > Employee Compensation and Benefits > Other Fringe Benefits.

[commstrat]

@MinhT1In Turbotax Business there is no such category and subcategories in the "Deductions" tab. No compensation, other fringe benefits, etc. This is a business deduction, no?

[MinhT1]

Can you please clarify? What is the tax form (1065, 1120S or 1120)?

[commstrat]

This would be for filing US Corp Income Tax Return, Form 1120.

[commstrat]

Checking further, the Compensation and Benefits section is not under Business Expenses. In there is Employee benefit plans. I assume the amount is placed there for a "Medical Expense Reimbursement Plan" which is different than premiums paid to a health insurance plan.

[MinhT1 · Accepted solution]

In form 1120, I would categorize these payments as Compensation and Benefits > Employee Benefit Plans.

Please see attached screenshot.

[commstrat]

@MinhT1Many thanks, I think we arrived at the same place while researching.