I am a sole proprietor business with one W-2 Employee. I was able to maintain my employee throughout 2020 and 2021. In my research of the ERC, it looks like I can qualify for the credit since my Q1 & Q2 2021 gross income were more than 20% less than my 2019 income.
If that is the case, and the employee made $28,260 in those first two quarters of 2021, I believe I can get $14,000 in credit. Is that right?
Last, where on earth do I enter this in my TurboTax 2021 Home & Business desktop software. I've searched all of these postings, and I am at a loss.
