qbteachmt
Level 15

Just to clarify:

EIP has nothing to do with Employment or business. This is the Economic Impact Payment, or Stimulus, or Recovery Rebate Credit (which is taken on the tax return, if there was no payment earlier) and there are eligibility rules.

ERC is Employee Retention Credit. That relates to Business.

1099 has to do with Retirement accounts.

These three things do not relate to each other.

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