Small Business Majority | Tax Credit Calculator

Number of full-time equivalent employees:

Add up total number of hours worked by all employees during the year (with a maximum of 2080 hours per employee), then divide total by 2080, and round to next lowest whole number.

Total annual wages paid for all employees:

Add up all the amounts in Box 1 (wages) of every employee's W-2 form.

Total annual employer premium contribution:

Add up the premium contribution the business pays for each employee. This must be at least 50% of the total premium cost for every worker.

Are you a tax-exempt/nonprofit employer?

Yes

Your estimated annual tax credit: 2010-2013

2014+

Note: This is a preliminary estimate, and is contingent upon accurate inputs for FTEs, average
wages, and employer premium contribution as defined by the provisions of the healthcare
legislation. See http://www.irs.gov/newsroom/article/0,,id=220839,00.html for more information.