what taxes are excluded from a cafeteria plan(health insurance) from your paycheck?

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what taxes are excluded from a cafeteria plan(health insurance) from your paycheck?

2006-09-12 23:38:03 · 3 answers · asked by jojo 1 in Business & Finance ➔ Taxes ➔ United States

3 answers

social security and income tax.

2006-09-13 19:06:02 · answer #1 · answered by Scott K 7 · 0⤊ 0⤋

No income tax is assessed against the premiums you pay for health insurance, however FICA is taken.

2006-09-13 07:46:56 · answer #2 · answered by extra_37 4 · 0⤊ 0⤋

Are you asking what benefits can be taken out of your paycheck pre-tax?

First, it's up to your employer to allow some benefits to be taken out pre-tax. Usually, medical insurance, 401(k), and flexible spending accounts are taken out pre-tax. If your employer allows other benefits to be taken out pre-tax, then do it.

2006-09-13 01:51:11 · answer #3 · answered by Steve 6 · 0⤊ 0⤋