dd4vols
Level 10
04-09-2024
11:26 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
So, some of my clients ERTC claims have not been processed as yet, They were timely filed. What happens if they get the funds after 4/15/24...when supposedly, I should not be able to amend a 2020 return?
If an answer solves your issue, click on the "Accept as Solution" button! Makes it easier for people to find answers to similar questions that have already been posted.
Best Answer Click here
Labels
taxiowa
Level 9
04-10-2024
05:35 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The deadline for amending 2020 returns for a refund is 4/15/24. I assume you owe money on amendment with the income from the ERC. So you can amend 2020 whenever. The deadline for amending returns owing money I believe is right around the next USA eclipse...
dd4vols
Level 10
04-10-2024
02:15 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Thanks for the clarification! in my decades of debits and credits, this is anew one on me!
Thanks again!!
If an answer solves your issue, click on the "Accept as Solution" button! Makes it easier for people to find answers to similar questions that have already been posted.