In: Accounting
An S corporation is not treated as a corporate taxpayer with respect to which one of the following fringebenefits?
A. group term life insurance premiums
B. nonqualified deferred compensation
C. stock options
D. qualified retirement plans
A. group term life insurance premiums
An S corporation is not treated as a corporate taxpayer with respect to group term life insurance premium. as Sec 1372(a) states that S corporation shall be treated as a partnership for the purpose of Fringe benefits.