- You employ less than 25 full-time employees
- On average, you pay a wage less than $50,000
- At minimum, you pay half of the premiums of your employee’s health insurance
If you are eligible to claim this credit, but forgot to enter it on your tax return, don’t worry! You have time to file an up-to-date form as long as it is done within 2 years. To claim your credit, fill out Form 8941, Credit for Small Employer Health Insurance Premiums. For any help with insurance for your small business, please contact Sackett & Associates Insurance Services. Located in Sonoma County, our experienced insurance employees can’t wait to assist you, today!