View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

7/30/2021

To Enable More Vaccinations, Treasury Expands Paid Leave Tax Credit | U.S. Department of the Treasury

To Enable More Vaccinations, Treasury Expands Paid Leave Tax
Credit
July 29, 2021

WASHINGTON — Today the Treasury Department and the Internal Revenue Service
announced that eligible employers can claim tax credits equal to the wages paid for
providing paid time-o to employees to take a family or household member or certain other
individuals to get vaccinated, or to care for a family or household member or certain other
individuals recovering from the vaccination. Comparable tax credits are also available for
self-employed individuals.
In April, Treasury and the IRS announced eligible employers, such as businesses and taxexempt organizations with fewer than 500 employees and certain governmental employers,
could receive paid leave tax credits available under the American Rescue Plan Act of 2021
(ARP) for providing leave for each employee receiving the vaccine and for any time needed to
recover from the vaccine. Today’s expanded guidance gives employers further opportunity to
support the health and safety of their employees’ families and communities without placing
an undue burden on their business during the pandemic.
For more details on how the paid leave tax credits from the American Rescue Plan will work
for employers to enable employees to take family and household members to receive and
recover from a er-e ects of vaccination, as well as for other purposes, see the updated FAQs
released by the IRS today.
###

https://home.treasury.gov/news/press-releases/jy0296

1/1