What is the maximum credit for a tax-exempt qualified employer?
For tax years 2010 through 2013, the maximum credit for a qualified tax-exempt employer is 25 percent of the employer’s premium expenses. However, the amount of the credit cannot exceed: the total amount of income and Medicare (i.e., hospital insurance) tax the employer is required to withhold from employees’ annual wages, and the employer’s share of Medicare tax on employees’ annual wages.
