I am still confused about this. In Turbotax where I enter the expenses for wages, right underneath that is a section labeled "Enter any other work credits you claimed". In the info for that, it says that it includes the ERC. So I put in the amount of the ERC, and wrote "ERC credit" as the description. On Sch C line 26, the amount of the wages is the original wages minus the ERC. So it looks like the ERC does reduce the wage deduction. Is all of that right? Of course the IRS page that is supposed to answer this still hasn't been updated, 3 months later.
