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Where do I enter employee retention credit on Form 1120

beckymitchell53
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qbteachmt
Level 15

@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-retent...

 

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qbteachmt
Level 15

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-retent...

 

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Don't yell at us; we're volunteers
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beckymitchell53
Level 1

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?

 

 

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dkh
Level 15

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

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qbteachmt
Level 15

@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-retent...

 

*******************************
Don't yell at us; we're volunteers
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