Claiming the Small Business Health Care Tax Credit

Health Insurance Marketplace® sent this bulletin at 02/26/2019 10:00 AM EST

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You May Be Eligible

for Savings

When you offer Small Business Health Options (SHOP) insurance to your employees, you may be eligible to claim the Small Business Health Care Tax Credit.

To qualify for the tax credit, employers must:

Have fewer than 25 full-time equivalent (FTE) employees
Have an average employee salary of $54,000 or less per year for tax year 2018 (adjusted annually for inflation)
Pay at least 50% of their full-time employees’ premium costs

Important: The IRS has established guidance on qualifying for the Small Business Health Care Tax Credit that may apply to small employers in areas with no available SHOP plans. Learn more.

Questions? Contact the SHOP Call Center at 1-800-706-7893 (TTY: 711) or find an agent or broker near you. Note: The TTY phone number for the SHOP Call Center will change to 1-888-201-6445 on March 1, 2019.

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