For 2010 to 2013 the Small Business Health Care Tax Credit program allows small nonprofit organizations like churches to recover up to 25% of their expenditures on health insurance. Scores of West Ohio Conference churches have filed for the credits and received thousands of dollars. May 15, 2013 is the filing deadline.
The following resources are provided to help your church determine if qualifies for a credit and to file for one if so:
- IRS Q & A regarding the credit
- Directions for a typical West Ohio church to complete IRS Forms 8941 and 990-T
- Link to IRS information about the credit
- Link to IRS Form 8941
- Link to instructions for completing IRS Form 8941
- Link to IRS Form 990-T
While many churches have been able to successfully complete these forms without outside assistance, consider seeking advice from a tax or accounting professional, or call the IRS help line for businesses at 1-800-829-4933 or for Tax Exempt Organizations at 1-877-829-5500. The West Ohio Conference does not provide accounting or tax advice.