Fillable Form 8932 - Credit For Employer Differential Wage Payments printable pdf download

8932

OMB No. 1545-2126

Credit for Employer Differential Wage Payments

Form

(Rev. December 2012)

Attach to your tax return.

▶

Department of the Treasury

Attachment

161

Information about Form 8932 and its instructions is at

Sequence No.

▶

Internal Revenue Service

Name(s) shown on return

Identifying number

Eligible differential wage payments paid during the tax year (see instructions)

Multiply line 1 by 20% (.20) (see instructions for the adjustment you must make)

Credit for employer differential wage payments from partnerships, S corporations, cooperatives,

estates, and trusts (see instructions) .

Add lines 2 and 3. Cooperatives, estates, and trusts, go to line 5. Partnerships and S corporations,

report this amount on Schedule K. All others, report this amount on Form 3800, line 1w .

Amount allocated to patrons of the cooperative or beneficiaries of the estate or trust

(see

instructions) .

Cooperatives, estates, and trusts, subtract line 5 from line 4. Report this amount on Form 3800,

line 1w .

General Instructions

Differential Wage Payment

To be considered a differential wage payment, the

Section references are to the Internal Revenue Code.

payment must be paid after 2008 and before 2014 and

What's New

meet both of the following requirements.

• The payment is made by an eligible small business

The credit has been extended to cover eligible differential

employer to a qualified employee for any period during

wage payments made in 2012 and 2013.

which the employee is performing service in the

Purpose of Form

uniformed services of the United States while on active

duty for a period of more than 30 days.

An eligible small business employer (defined below) can

• The payment represents all or a portion of the wages

use Form 8932 to claim the credit for employer differential

the employee would have received from the employer if

wage payments. Only eligible differential wage payments

the employee were performing services for the employer.

made to qualified employees after 2008 and before 2014

can be used to figure the credit. The credit is 20% of up

Eligible Small Business Employer

to $20,000 of differential wage payments paid to each

An eligible small business employer means any taxpayer

qualified employee during the tax year.

that:

The credit for employer differential wage payments is

• Employed on average fewer than 50 employees on

part of the general business credit reported on Form

business days during the tax year, and

3800, General Business Credit.

• Under a written plan of the employer, provides eligible

Taxpayers (other than partnerships, S corporations,

differential wage payments to every qualified employee of

cooperatives, estates, and trusts) whose only source of

the employer.

this credit is from those pass-through entities are not

For purposes of this definition, all persons treated as a

required to complete or file this form. Instead, report this

single employer under subsection (b), (c), (m), or (o) of

credit directly on Form 3800.

section 414 are treated as a single employer.

For details, see section 45P and Notice 2010-15,

Uniformed Services

2010-6 I.R.B. 390, available at

Uniformed services means the Armed Forces; the Army

National Guard and the Air National Guard when engaged

Definitions

in active duty for training, inactive duty training, or full-

Eligible Differential Wage Payments

time National Guard duty; the commissioned corps of the

Public Health Service; and any other category of persons

Eligible differential wage payments are the total

designated by the President in time of war or national

differential wage payments paid to the employee for the

emergency.

tax year, up to $20,000.

Coordination With Other Credits

Qualified Employee

A qualified employee is an employee of an eligible small

The amount of any research credit or orphan drug credit

business employer for the 91-day period immediately

otherwise allowable for compensation paid to any

preceding the period for which any differential wage

employee is reduced by the credit for differential wage

payment is made.

payments figured for that employee.

8932

For Paperwork Reduction Act Notice, see instructions.

Form

(Rev.12-2012)

Cat. No. 37747W

Form 8932 - Credit For Employer Differential Wage Payments

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