An employer may qualify for health care tax credits through SHOP marketplace if that employer has fewer than how many employees?

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Multiple Choice

An employer may qualify for health care tax credits through SHOP marketplace if that employer has fewer than how many employees?

Explanation:
The key idea is the eligibility threshold for SHOP health care tax credits. Only small employers with 25 or fewer full-time equivalent employees can qualify for the credit. You count FTEs by treating each full-time employee as one and converting part-time hours into equivalent full-time units; for example, two part-timers at 20 hours a week each count as one FTE. If the total is 25 or fewer and you pay at least 50% of the premium for your employees, you may qualify for the credit.

The key idea is the eligibility threshold for SHOP health care tax credits. Only small employers with 25 or fewer full-time equivalent employees can qualify for the credit. You count FTEs by treating each full-time employee as one and converting part-time hours into equivalent full-time units; for example, two part-timers at 20 hours a week each count as one FTE. If the total is 25 or fewer and you pay at least 50% of the premium for your employees, you may qualify for the credit.

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