Same! I'm using ATX, and I'm having the same issue on the Balance Sheet.  When I put the gross payroll in but I enter the ERC amount in "reduction of expenses for offsetting credits" then my balance sheet (equity) is off by that amount.  I was thinking I would need to make some M-1/M-2 adjustment?  Thoughts anyone? I agree the guidance is saying we have to disallow this ERC amount as a portion of wages expense, but then what on the Balance Sheet?  I'm stuck...