Form 8941

Department of the Treasury 

Internal Revenue Service

Credit for Small Employer Health Insurance Premiums

▶ Attach to your tax return.

▶ Information about Form 8941 and its separate instructions is at www.irs.gov/form8941.

OMB No. 1545-2198

2012

Attachment 

Sequence No. 63

Name(s) shown on return Identifying number

1 a Enter the number of individuals you employed during the tax year who are considered

employees for purposes of this credit (see instructions) . . . . . . . . . . . . . . 1a

b 

1b

Enter the employer identification number (EIN) used to report employment taxes for individuals 

included on line 1a (see instructions) . . . . . . . . . . . . . . . . . . . . 

2 Enter the number of full-time equivalent employees you had for the tax year (see instructions). If

you entered 25 or more, skip lines 3 through 11 and enter -0- on line 12 . . . . . . . . 2

3 Average annual wages you paid for the tax year (see instructions). If you entered $50,000 or 

more, skip lines 4 through 11 and enter -0- on line 12 . . . . . . . . . . . . . . 3

4 Premiums you paid during the tax year for employees included on line 1a for health insurance

coverage under a qualifying arrangement (see instructions) . . . . . . . . . . . . 4

5 Premiums you would have entered on line 4 if the total premium for each employee equaled the

average premium for the small group market in which you offered health insurance coverage 

(see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . 5

6 Enter the smaller of line 4 or line 5 . . . . . . . . . . . . . . . . . . . . 6

7 Multiply line 6 by the applicable percentage:

• Tax-exempt small employers, multiply line 6 by 25% (.25)

• All other small employers, multiply line 6 by 35% (.35) . . . . . . . . . . . . . 7

8 If line 2 is 10 or less, enter the amount from line 7. Otherwise, see instructions . . . . . . 8

9 If line 3 is $25,000 or less, enter the amount from line 8. Otherwise, see instructions . . . . 9

10 Enter the total amount of any state premium subsidies paid and any state tax credits available to 

you for premiums included on line 4 (see instructions) . . . . . . . . . . . . . . 10

11 Subtract line 10 from line 4. If zero or less, enter -0- . . . . . . . . . . . . . . . 11

12 Enter the smaller of line 9 or line 11 . . . . . . . . . . . . . . . . . . . . 12

13 If line 12 is zero, skip lines 13 and 14 and go to line 15. Otherwise, enter the number of

employees included on line 1a for whom you paid premiums during the tax year for health

insurance coverage under a qualifying arrangement (see instructions) . . . . . . . . . 13

14 Enter the number of full-time equivalent employees you would have entered on line 2 if you only

included employees included on line 13 . . . . . . . . . . . . . . . . . . . 14

15 Credit for small employer health insurance premiums from partnerships, S corporations, 

cooperatives, estates, and trusts (see instructions) . . . . . . . . . . . . . . . 15

16 Add lines 12 and 15. Cooperatives, estates, and trusts, go to line 17. Tax-exempt small

employers, skip lines 17 and 18 and go to line 19. Partnerships and S corporations, stop here 

and report this amount on Schedule K. All others, stop here and report this amount on Form

3800, line 4h . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

17 Amount allocated to patrons of the cooperative or beneficiaries of the estate or trust (see 

instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

18 Cooperatives, estates, and trusts, subtract line 17 from line 16. Stop here and report this amount 

on Form 3800, line 4h . . . . . . . . . . . . . . . . . . . . . . . . . 18

19 Enter the amount you paid in 2012 for taxes considered payroll taxes for purposes of this credit 

(see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . 19

20 Tax-exempt small employers, enter the smaller of line 16 or line 19 here and on Form 990-T, 

line 44f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 37757S Form 8941 (2012)