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Best answer by qbteachmt

@beckymitchell53 

Right above your input is the Link to the Help article. It includes Corporation. Did you read it? Here is the link, again:

https://proconnect.intuit.com/community/salaries-and-wages/help/where-do-i-enter-the-employee-retention-credit-in-proseries/00/174854

 

4 replies

qbteachmt
Level 15
March 24, 2022

Mostly, you would have processed this through the Payroll reporting forms. Not income tax reporting forms.

You can read this article:

https://proconnect.intuit.com/community/salaries-and-wages/help/where-do-i-enter-the-employee-retention-credit-in-proseries/00/174854

 

Don't yell at us; we're volunteers
Level 2
March 28, 2022

How is the ERC accounted for on the 1120? Do I reduce wages?  Do I reduce employer's payroll taxes? Or is there a specific line for the credit?

 

 

dkh
Level 15
March 28, 2022

The link that @qbteachmt gave you tells you that information.