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Employer Issues
Reply to "Paying for health insurance"
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[quote=Anonymous]I have been doing my research, but I'm confused! Can anyone tell me if the following is true? If my nanny signs up for a plan through the health insurance exchange, we can pay the premium for her with non-taxable dollars. Yes? However, we are not eligible to file for a tax credit through IRS form 8941: Credit for Small Employer Health Insurance Premiums unless we provide a policy through SHOP or other qualifying business health insurance provider. The SHOP premiums were substantially higher, so we would prefer just to pay her premium for the exchange and forego the credit, if it's true that the money is tax free.[/quote]
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