Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

EXECUTIVE BONUS PLAN

ZAkK1
Level 1

Can an S Corporation deduct an Executive Bonus Plan or Indexed Universal Life (IUL) insurance on Line 17 of Form 1120S? Are there specific IRS guidelines or limitations that apply?"

0 Cheers
1 Comment 1
sjrcpa
Level 15

Was the bonus paid?

Who is the beneficiary of the policy?

Who is insured?


The more I know the more I don’t know.