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Small Employer Tax Credit
if you are a small employer, for-profit business or a tax exempt group, you need to hear this
  • starting in 2010... small employers who pay for at least half of their employees health insurance may qualify for a special tax credit.

  • the maximum credit is 35 percent of the premiums you pay as an eligible small business employer.

  • and... if you're a small employer that’s a tax-exempt, the maximum credit is 25 percent of the health insurance premiums you pay.

  • now…you are probably wondering who’s considered a small employer.

  • well…a small employer generally has fewer than 25 full-time employees earning low to moderate wages.

  • now... if you’re an eligible small business... you'll claim the health insurance credit as part of the general business credit on your 2010 income tax return.

  • for tax-exempt employers... the i-r-s will provide further information on how to claim the credit.

  • for more information on the small business health care tax credit visit irs.gov or contact your tax advisor.

  • IRS Affordable Care Act Tax Provisions page