Heath care tax credit can help churches and organizations

Heath care tax credit can help churches and organizations

BY BBT Staff ON February 1, 2013

Are you familiar with the Small Business Health Care Tax Credit for Small Employers?

If your church or employing organization provides health insurance coverage for one or more of your full-time or part-time employees through the Brethren Medical Plan or another health insurance plan, it may qualify for this tax credit. Below are some helpful links that will guide you through the application process from the Internal Revenue Service's website, IRS.gov.

IRS guide to the Small Business Health Care Tax Credit for Small Employers.

Examples of how this tax credit could work for your organization.

Is your organization eligible?

Form 8941, Credit for Small Employer Health Insurance Premiums.
Instructions for Form 8941.

Form 990-T, Exempt Organization Business Income Tax Return.
Instructions for Form 990-T.
 

We hope your church or organization will benefit from this credit and be able to use those funds to further the mission of your congregation or organization. If you do reap the benefits of this tax credit, or if you have any questions, please let us know. Contact Tammy Chudy at 800-746-1505, ext. 372, or tchudy@cobbt.org.

It's our mission to provide stewardship education for churches and Church of the Brethren organizations. Please let us know how else we can serve you.