Tax Facts

429 / When did the employer tax credit for the purchase of health insurance become effective?

Updated: March 13, 2024 at 05:07 AM
The tax credit (see Q 430) is effective for 2010 and thereafter. Beginning in 2014, it is only available for two consecutive years. Thus, the maximum number of years that an employer can take advantage of this tax credit is six, namely 2010 through 2013, plus any two consecutive years beginning in 2014.

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