In a decision handed down on June 7, 2007, the Tax Court held that a married couple operating a farming business was not entitled to a deduction for the costs of “employee benefit programs” on Schedule F.1 The plan in question, which was sold to the taxpayers by a commercial firm, involved a medical reimbursement plan authorized by I.R.C. § 105(b) of the Internal Revenue Code.
Harl, Neil E.
"Can Section 105 Plan Costs Be Deducted on Schedule F?,"
Agricultural Law Digest: Vol. 18
, Article 1.
Available at: https://lib.dr.iastate.edu/aglawdigest/vol18/iss14/1