OBAMACARE AND SMALL BUSINESS SMALL EMPLOYER HEALTH PREMIUM CREDIT • Three conditions must be met – FTE’s under 25 – Avg. wage per employee under $50K – Employer pays at least 50% of a premium for a QHP for at least one employee
• 2010-2013 – 35% credit, 25% for not-for-profits
• 2014-2015 – 50% credit, 35% for not-for-profits
• 2014, the health insurance must be purchased through the Small Business Health Option Program (SHOP)
www.churchtaxcredit.com