The credit will be available from the 2017 tax year and be phased out currently in the year 2020.
To be eligible for the credit, there must be a written policy that includes at least two weeks of paid family and medical leave for full time employees and pay for the leave must be at least 50% of the wages normally paid to the employee.
With respect to the 2018 tax year, the 2017 employee’s compensation must be $72,000 or less to qualify for the credit.
HOW MUCH IS THE CREDIT?:
It ranges from 12.5% to 25% of the wages paid during the leave.
For more details, see IRS Notice 2018-71. You can follow the link here: https://www.irs.gov/pub/irs-drop/n-18-71.pdf