YPena
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I understand that, but this is a non-taxable credit and if input on Line 13, code "P" is giving the tax payer a tax credit, in my clients case of over $11,000.
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If the credit is recorded onSchedule K1, Line 13g (Code P Other Credits), when input on Form 1040 of the taxpayer return this line item gives a tax credit to th...
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- Posted Re: Where do you record the ERC on the 1120S? on Business & farm. December 20, 2022 10:11 AM
- Posted Re: Where do you record the ERC on the 1120S? on Business & farm. December 20, 2022 9:53 AM