krystalng
Level 1
‎09-08-2023 05:08 AM

Hi all,

I am amending 2020 & 2021 1120S and individual tax returns for my clients due to the ERC they received.

As I know, I need to put the ERC amount in 1120S under Ordinary Income|Deductions| Less: ERC claimed on employment tax return. It applies for FED but not sure about state.

I tried to research to see if I need to amend state 1120S and 1040 as well, or I only need to amend FED? Does anyone know if I need to amend state or not? 

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PhoebeRoberts
Level 11
Level 11
‎09-08-2023 09:29 AM

What state(s)?

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krystalng
Level 1
‎09-08-2023 07:33 PM

So I see the ERC is adjusted for PA but not for Rhode Island.

It means the client needs to pay more state tax for RI.

I tried to look for a accurate source for ERC treatment for all states but I couldn't :'(

 

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