ITG FAQ #8 Answer-How do you determine the amount of the credit?

 

Aviso: Contenido Histórico


Este es un documento de archivo o histórico y puede no reflejar la ley, las políticas o los procedimientos actuales.

The credit is 20% of the excess of the current qualified wages and qualified employee health insurance costs (not to exceed $20,000) over the sum of the corresponding amounts that were paid or incurred during the calendar year of 1993.

Note: The Indian employment credit will expire for qualified wages and health care costs paid or incurred in tax years beginning after 2021.
 

Return to List of FAQs