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Deductions & credits
Code section 139 allows a business to make non-taxable disbursements to employees affected by a disaster or in your case, by the Covid-19 pandemic.
You would simply enter the expenses as Other Expenses on your business income tax return and keep documentation supporting their qualification.
You can learn more about this here:
https://www.law.cornell.edu/uscode/text/26/139
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‎February 23, 2021
4:45 PM