ERC

[Nanettemaui]

Hi,

I use Quickbooks payroll.  It shows on my 940 quarterly returns,  nonrefundable ERC credit amounts, and a ERC refundable credit amount, and then shows a overpayment ERC amount, which I received in the form of checks in the mail for three quarters of 2021.  What of these do I need to reduce my payroll deduction? the non refundable amounts and the overpayments? I'm lost! Please help.

Aloha!

[KristinaK]

Reduce it by a refundable and non-refundable portion of the credit (lines 11d+13d for Form(s) 941).