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Irs Form 8800

Irs Form 8800

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Video instructions and help with filling out and completing Irs Form 8800

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Instructions and help about 8800 form

we'll be going over IRS form 8881 credit for small employer Pension Plan startup costs Auto enrollment and Military Spouse participation so uh there are a couple of changes to this tax form that was released in December of 2023 a couple of uh points of consideration based on the secure act uh 2.0 that was passed in 2022 with Provisions that were uh to take place for the 2023 tax season so uh the new things include an increased small employer pension startup costs credit so uh eligible employers with 1 to 50 employees are eligible for a small employer Pension Plan startups cost credit equal to 100 % of their qualified startup costs subject to uh limitation certain limitations but previously it used to be all employers would take a 50% credit uh now uh employers with 51 to 100 employees still are subject to that 50% threshold so we'll walk through some of these rules as as they are explained in our article and in the form instructions uh step by step so that's one

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