May 8, 2020 Eligible employers can receive a refundable tax credit that reimburses them the cost of providing required paid sick leave to employees unable to work or telework due to: A COVID-19 quarantine order. Advice from a health care provider to self-quarantine. Experiencing COVID-19 symptoms and seeking medical diagnosis. Employers are entitled to a sick leave credit of up to 80 hours, a maximum of $511 per day, but no more than $5,110 per employee in total, plus related health care costs. Eligible employers can claim tax credits for leave taken from April 1, 2020 - December 31, 2020, on Form 941 or Form 7200 for an advance credit. For more information check out the New Employer Tax Credits page on IRS.gov.
