Form 8941 may be filed by eligible small employers to calculate a tax credit for health insurance premiums paid for their employees.
The credit web page includes links to an interactive estimator,
Form 8941 and Instructions, and examples.
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.
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.
Form 8941 is used for taxable employers, and Form 990-T is used by nontaxable employers.
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 ACA tax credit is computed at the entity level for corporations, partnerships, and limited liability companies on
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.
Both small businesses and tax-exempt organizations will use new
Form 8941 to calculate the small-business healthcare tax credit.
