Indian employment tax credit

(a) Extension Section 45A of the Internal Revenue Code of 1986 is amended by striking subsection (f). (b) Modification of determination of amount of credit Paragraph (2) of section 45A(a) of such Code is amended to read as follows: (2) the quotient of— (A) the sum of the qualified wages and qualified employee health insurance costs which were paid or incurred by the employer (or any predecessor) during the two most recent calendar years ending before the beginning of such taxable year, divided by (B) 2.. (c) Increased limitation Section 45A(b)(3) of such Code is amended by striking $20,000 and inserting $30,000. (d) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2026.