All eligible employers are allowed a 50% credit of the qualified wages paid against employment taxes in a quarter, reduced by any other credits used, and the excess is refundable.

$10,000 is the maximum per quarter per employee being creditable, including health benefits you pay on their behalf. This credit applies to tax-exempt organizations. This credit will not apply if you have received an SBA Small Business Interruption Loan.

This is for creditable qualified wages paid or incurred after 3/12/2020 and before 1/1/2021. A special note for eligible employers with 100 or fewer full-time employees, all employee wages qualify for the credit, whether the employer is open for business or subject to a shut-down order.