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Topic No. 502 Medical and Dental Expenses - IRS tax …
- https://www.irs.gov/taxtopics/tc502
- Employer-sponsored premiums paid under a premium conversion plan, cafeteria plan, or any other medical and dental expenses paid by the plan aren't deductible unless the premiums are included in box 1 of your Form W-2, Wage and Tax Statement. …
What Is "Cafe 125" on a W-2 Tax Form? - TurboTax
- https://turbotax.intuit.com/tax-tips/jobs-and-career/what-is-cafe-125-on-a-w-2-tax-form/L8HzRmnT6
- Most cafeteria plans are not subject to Medicare taxes, and by allowing employees to defer income to these programs, employers generally pay less in payroll …
About the Section 125 (or Cafeteria) Plan - Investopedia
- https://www.investopedia.com/articles/personal-finance/080816/section-125-plan-cafeteria-plan-how-does-it-work.asp
FAQs for government entities regarding Cafeteria Plans
- https://www.irs.gov/government-entities/federal-state-local-governments/faqs-for-government-entities-regarding-cafeteria-plans
- Generally, qualified benefits under a cafeteria plan are not subject to FICA, FUTA, Medicare tax, or income tax withholding. However, group-term life insurance that …
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