sjrcpa
Level 15
03-12-2025
05:34 PM
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As I said before, you adjust the tax returns for the year(s) of the credit - 2020 and 2021. Interest income is income in the actual year received - 2025 in your example.
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DR A/R
CR Payroll taxes or some Other Income? "
The credit is to wages.
The more I know the more I don’t know.