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Get your taxes done using TurboTax
@scott18 wrote:
Thank you for the links. I should have clarified my question. Can I just claim the credit on my 2021 federal tax return for the qualifying wages or do I have to complete the form 7200 now to obtain the credit or refund?
Thank you.
Are you an employer? The credit is for *employers* not employees.
See:
https://www.irs.gov/pub/irs-pdf/i7200.pdf
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎October 29, 2021
6:11 PM