This document is a worksheet to help filers calculate the amount to enter on line 11 of Form 8880 Credit for Qualified Small Employer Health Insurance Premiums. It guides the filer through a series of questions to determine if they are eligible to take the credit and, if so, what amount they can claim based on their filing status and income level. If eligible, the filer calculates their credit amount and enters it on line 12 of this worksheet and line 30 of Form 8880.
This document is a worksheet to help filers calculate the amount to enter on line 11 of Form 8880 Credit for Qualified Small Employer Health Insurance Premiums. It guides the filer through a series of questions to determine if they are eligible to take the credit and, if so, what amount they can claim based on their filing status and income level. If eligible, the filer calculates their credit amount and enters it on line 12 of this worksheet and line 30 of Form 8880.
This document is a worksheet to help filers calculate the amount to enter on line 11 of Form 8880 Credit for Qualified Small Employer Health Insurance Premiums. It guides the filer through a series of questions to determine if they are eligible to take the credit and, if so, what amount they can claim based on their filing status and income level. If eligible, the filer calculates their credit amount and enters it on line 12 of this worksheet and line 30 of Form 8880.
Complete this worksheet to figure the amount to enter on line 11.
1. Enter the amount from Form 1040, 1040-SR, or
1040-NR, line 18 . . . . . . . . . 1. 14,553 2. Form 1040, 1040-SR, or 1040-NR filers: Enter the total of your credits from Schedule 3, lines 1 through 3, 6d, and 6l . . . . . . . . 2.
3. Subtract line 2 from line 1. Also enter this amount
on Form 8880, line 11. But if zero or less, stop; you can’t take the credit—don’t file this form . 3. 14,553 »¹ÅÌ»ÈÏ»¸·Ê»È»º¿ÊÅÈÁɾ»»ÊƳ¿Ä»ʺʷ »¼ÅÈ»ÏÅ˸»½¿ÄƓ 6HHWKHLQVWUXFWLRQVIRUOLQHWRILQGRXWLI\RXFDQWDNHWKLVFUHGLWDQGIRUGHILQLWLRQVDQGRWKHU LQIRUPDWLRQQHHGHGWRILOORXWWKLVZRUNVKHHW ,I\RXUHFHLYHG1RWLFH&KDYHLWDYDLODEOH 'RQ¶WLQFOXGHRQOLQHDQ\DPRXQW\RXUHFHLYHGEXWODWHUUHWXUQHGWRWKH,56 ,I\RXFDQ WWDNHWKHUHFRYHU\UHEDWHFUHGLW\RXGRQ WKDYHWRUHSD\DQ\DPRXQWRI(,3RQ)RUPRU 65 &DQ\RXEHFODLPHGDVDGHSHQGHQWRQDQRWKHUSHUVRQ VUHWXUQ",IILOLQJDMRLQWUHWXUQJRWROLQH X 1R *RWROLQH <HV STOP <RXFDQ WWDNHWKHFUHGLW'RQ¶WFRPSOHWHWKHUHVWRIWKLVZRUNVKHHWDQG GRQ¶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¶WWDNHWKHFUHGLW'RQ¶WFRPSOHWHWKHUHVWRIWKLVZRUNVKHHWDQG GRQ¶WHQWHUDQ\DPRXQWRQOLQH (QWHU LIVLQJOHKHDGRIKRXVHKROGPDUULHGILOLQJVHSDUDWHO\RUTXDOLI\LQJZLGRZHU LIPDUULHGILOLQJMRLQWO\DQG\RXDQVZHUHG³<HV´WRTXHVWLRQRU LIPDUULHGILOLQJMRLQWO\DQG\RXDQVZHUHG³<HV´WRTXHVWLRQRU 1,400 0XOWLSO\E\WKHQXPEHURIGHSHQGHQWVOLVWHGLQWKH'HSHQGHQWVVHFWLRQRQSDJHRI)RUPRU 65IRUZKRP\RXHQWHUHGDVRFLDOVHFXULW\QXPEHUWKDWZDVLVVXHGRQRUEHIRUHWKHGXHGDWHRI\RXU UHWXUQLQFOXGLQJH[WHQVLRQVRUDQDGRSWLRQWD[SD\HULGHQWLILFDWLRQQXPEHU $GGOLQHVDQG 1,400 ,VWKHDPRXQWRQOLQHRI)RUPRU65PRUHWKDQWKHDPRXQWVKRZQEHORZIRU\RXUILOLQJVWDWXV" 6LQJOHRU0DUULHGILOLQJVHSDUDWHO\² 0DUULHGILOLQJMRLQWO\RUTXDOLI\LQJZLGRZHU² +HDGRIKRXVHKROG² X <HV (QWHUWKHDPRXQWIURPOLQHRI)RUPRU65DQGJRWROLQH 98,003 1R (QWHUWKHDPRXQWIURPOLQHRQOLQHDQGVNLSOLQHVDQG ,VOLQHPRUHWKDQWKHDPRXQWVKRZQEHORZIRU\RXUILOLQJVWDWXV" 6LQJOHRUPDUULHGILOLQJVHSDUDWHO\² 0DUULHGILOLQJMRLQWO\RUTXDOLI\LQJZLGRZHU² +HDGRIKRXVHKROG² X <HV STOP <RXFDQ¶WWDNHWKHFUHGLW'RQ¶WFRPSOHWHWKHUHVWRIWKLVZRUNVKHHWDQG GRQ¶WHQWHUDQ\DPRXQWRQOLQH 1R 6XEWUDFWOLQHIURPWKHDPRXQWVKRZQDERYHIRU\RXUILOLQJVWDWXV 'LYLGHOLQHE\WKHDPRXQWVKRZQEHORZIRU\RXUILOLQJVWDWXV(QWHUWKHUHVXOWDVDGHFLPDOURXQGHGWRDWOHDVW SODFHV 6LQJOHRUPDUULHGILOLQJVHSDUDWHO\² 0DUULHGILOLQJMRLQWO\RUTXDOLI\LQJZLGRZHU² +HDGRIKRXVHKROG² 0XOWLSO\OLQHE\OLQH (QWHUWKHDPRXQWLIDQ\RI(,3WKDWZDVLVVXHGWR\RX,IILOLQJDMRLQWUHWXUQLQFOXGHWKHDPRXQWLIDQ\RI \RXUVSRXVH¶V(,3<RXPD\UHIHUWR1RWLFH&RU\RXUWD[DFFRXQWLQIRUPDWLRQDW,56JRY$FFRXQWIRUWKH DPRXQWWRHQWHUKHUH 5HFRYHU\UHEDWHFUHGLW6XEWUDFWOLQHIURPOLQH,I]HURRUOHVVHQWHU,IOLQHLVPRUHWKDQOLQH \RXGRQ¶WKDYHWRSD\EDFNWKHGLIIHUHQFH(QWHUWKHUHVXOWKHUHDQGLIPRUHWKDQ]HURRQOLQHRI)RUPRU 65