Tax Credit Calculator
Health Care Premiums Tax Credit
Section 45R of the Internal Revenue Code (Code) offers a tax credit to certain small employers that provide health insurance coverage to their employees. It is effective for taxable years beginning in 2010. Both taxable employers, and employers that are organizations described in section 501(c) that are exempt from tax under section 501(a) (tax-exempt employers), may be eligible for the section 45R credit. Employers that satisfy the requirements for the credit are referred to as “eligible small employers.”
To estimate your tax credit, click on the online calculator below...