Small Business Tax Credit

Small Business Health Options Program (SHOP)

SHOP Tax Credit Eligibility

The small business tax credit is only available to businesses that qualify for a SHOP ID number and purchase a YHI-certified group plan. Not sure if your small business qualifies? Visit the SHOP Tax Credit Estimator to find out.

For more information about the Small Business Tax Credit, visit the IRS website and speak with a tax professional.

How much will the tax credit pay?

  • Up to 50% of your contribution to employee premiums if you are qualifying small business
  • Up to 35% of your contribution to employee premiums if you are a qualifying tax-exempt small employer
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