qbteachmt
Level 15
03-28-2022
11:41 AM
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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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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers