About tkeet34579

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Re: Where do you record the ERC on the 1120S?

That's right, now I remember... the business return should not be throwing off a credit. The credit was on payroll taxes, so that expense should decrease by the...

tkeet34579

Updated Feb 05, 2024
Re: Where do you record the ERC on the 1120S?

Just so we're clear, everything is reported at the business level. What the schedule K-1 does is passes out the individual taxpayer's portion of what was report...

tkeet34579

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Updated Feb 05, 2024
Re: Where do you record the ERC on the 1120S?

In terms of tax benefits, Credit > Deduction, hope that helps.

tkeet34579

Updated Feb 05, 2024

Activity Feed for tkeet34579

Posted Re: Where do you record the ERC on the 1120S? on Business & farm. ‎December 20, 2022 10:27 AM
Posted Re: Where do you record the ERC on the 1120S? on Business & farm. ‎December 20, 2022 10:02 AM
Posted Re: Where do you record the ERC on the 1120S? on Business & farm. ‎August 31, 2022 9:07 AM

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Date Registered	‎August 31, 2022 9:06 AM
Date Last Visited	‎December 20, 2022 1:48 PM
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