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    #1

    Life insurance Premium

    Are Life insu premiums paid by S corp for two share holders (more than 2%) deductible?
    Corp is not a beneficiary. These premiums are not on W-2.

    I am just treating them as distribution as they were paid from business bank account.

    Does this sound right?

    Thank you.
    Tags: None
    #2
    what is the purpose of the life insurance

    and who owns the policy?

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      #3
      life insurance premiums (other than group life)

      are not deductible by any business, corporation or not.

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