When a more than 2% owner of an S Corporation has to add his health insurance premiums back into his compensation, is the dollar amount of those health insurance premiums eligible for a SIMPLE deferral and employer match or a SEPP contribution. Example S corp owner has wages of $90,000.00 and a $10,000 health insurance premium. Is the amount for the SIMPLE IRA deferral and SEPP contribution $100,000.00 or $90,000.00.