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Finance

Is it taxable income if a company reimburses an employee for health insurance premiums?

The employee has his own health insurance and pays the premiums. The company reimburses the employee for the premiums. Is this taxable income, and does it need to be included on the Employee's W-2?
Opinions expressed by Entrepreneur contributors are their own.
Yes it is taxable income and should be included on the employee's W-2.

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