taxlady2008
Level 3
05-15-2021
08:18 PM
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Thank you for the information. Just to be clear - I have a client that I still have not completed the 941X returns to claim the ERC credit. Since they are an accrual based taxpayer (S-corp), I am not able to complete the returns until these reports have been filed. Is this correct? I was hoping to account for the credits on the 2021 return but that doesn't appear to be the case. Correct? If that is the case, there will be a ton of extensions for the 2020 tax year.