full-time equivalent employees
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 45R — for purposes of this section (2 versions over time)
The term “full-time equivalent employees” means a number of employees equal to the number determined by dividing—
(i) the total number of hours of service for which wages were paid by the employer to employees during the taxable year, by
(ii) 2,080.
26 U.S.C. § 6039K — in this section
The term “full-time equivalent employees” means, with respect to any month, the sum of—
(A) the number of full-time employees (as defined in section 4980H(c)(4)) for the month, plus
(B) the number of employees determined (under rules similar to the rules of section 4980H(c)(2)(E)) by dividing the aggregate number of hours of service of employees who are not full-time employees for the month by 120.