Can S-Corp W-2 SEHI be used for After Tax 401k contributions?

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crystalbank
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Joined: Wed Nov 01, 2017 12:21 am

Can S-Corp W-2 SEHI be used for After Tax 401k contributions?

Post by crystalbank »

Hey BHers,

I run payroll for my S-Corp every month and at the end of the year I re-imburse myself for all the Health Insurance Premiums paid by me personally from the S-Corp and report it to the payroll company so that it shows up in the year end W-2 form as a non-FICA compensation.

Can this SEHI compensation be used for After-Tax 401k contribution (later distributed from the plan to do a Megabackdoor roth)? If so, any other gotchas I need to be aware of?

Thanks.
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Topic Author
crystalbank
Posts: 560
Joined: Wed Nov 01, 2017 12:21 am

Re: Can S-Corp W-2 SEHI be used for After Tax 401k contributions?

Post by crystalbank »

Just bumping the thread, before it goes off the front page... :D
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