Form 8941

Form 8941

A form that a small business files with the IRS to claim the health care tax credit. This credit is a direct, dollar-for-dollar reduction of the company's tax liability up to a certain percentage of the premium it pays for employees' health insurance.
Mentioned in ?
References in periodicals archive ?
For a tax-exempt eligible small employer, the Form 8941 is filed as an attachment to the Form 990-T, Exempt Organization Business Income Tax Return.
gov) and included in the instructions for Form 8941, Credit for Small Employer Health Insurance Premiums.
For tax-exempt small employers, the credit is also calculated on Form 8941 and is attached to Form 990-T, Exempt Organization Business Income Tax Return.
Beginning in 2014, there is a two-year limit, which begins with the first year the employer files Form 8941, Credit for Small Employer Health Insurance Premiums.
Calculator tool from Tax Credits, LLC, in its third year, expedites completion of lines 1-14 of Form 8941, turning hours of tax prep work into minutes
This is still the ONLY online calculator tool valid in all 50 states, to complete lines 1-14 of the 2012 IRS Form 8941 for the tax preparer.
gov to obtain form 8941, Credit for Small Employer Health Insurance Premiums.
The new guidance includes a one-page form (Form 8941--Credit for Small Employer Health Insurance Premiums), along with instructions to Form 8941, and a newly revised Form 990-T.
Beginning in 2014, a two-year limit begins with the first year (after 2013) the employer files Form 8941, Credit for Small Employer Health Insurance Premiums.
The draft Form 8941 is posted on the IRS Web site and will be used by both small businesses and tax-exempt organizations.
The IRS has released a draft Form 8941, Credit for Small Employer Health Insurance Premiums, for employers seeking to claim the credit.