Adjustments

Use these processing options to specify monetary tax adjustments the system processes for the report.

1. Line 9 - Current Quarter's Adjustments for Tips and Group Term Life Insurance: Specify adjustments for any uncollected employee share of social security and Medicare taxes on tips and the uncollected employee share of social security and Medicare taxes on group-term life insurance premiums paid for former employees.
2. Line 11a - Qualified Small Business Payroll Tax Credit for Increasing Research Activities: Specify the amount of your credit up to a maximum of $250,000 that you want to claim for increasing research activities. For tax years beginning after December 31, 2015, a qualified small business may elect to claim up to $250,000 of its credit for increasing research activities as a payroll tax credit against the employer share of social security tax.
3. Line 11b - Nonrefundable Portion of Credit for Qualified Sick and Family Leave Wages (Release 9.2 Update): Specify the nonrefundable portion of the credit for qualified sick and family leave wages from Worksheet 1, Step 2, Line 2j. The system will transfer this amount to the report on Line 11b.
4. Line 11c - Nonrefundable Portion of Employee Retention Credit (Release 9.2 Update): Specify the nonrefundable portion of the employee retention credit from Worksheet 1, Step 3, Line 3j. The system will transfer this amount to the report on Line 11c.
5. Line 11d - Nonrefundable Portion of Credit for Qualified Sick and Family Leave Wages for Leaves Taken After March 31, 2021: Specify the nonrefundable portion of credit for qualified sick and family leave wages for leaves taken after March 31, 2021. The system will transfer this amount to the report on Line 11d.
6. Line 11e - Nonrefundable Portion of COBRA Premium Assistance Credit (See Instructions for Applicable Quarters.): Specify the nonrefundable portion of COBRA premium assistance credit. The system will transfer this amount to the report on Line 11e.
7. Line 11f – Number of Individuals Provided COBRA Premium: Specify the number of individuals who are provided COBRA premium assistance. The system will transfer this number to the report on Line 11f.
8. Line 13c - Refundable Portion of Credit for Qualified Sick and Family Leave Wages Taken Before April 1, 2021 (Release 9.2 Update): Specify the refundable portion of the credit for qualified sick and family leave wages from Worksheet 1, Step 2, Line 2k. The system will transfer this amount to the report on Line 13c.
9. Line 13d - Refundable Portion of Employee Retention Credit (Release 9.2 Update): Specify the refundable portion of the credit for qualified sick and family leave wages from Worksheet 1, Step 3, line 3k. The system will transfer this amount to the report on Line 13d.
10. Line 13e - Refundable Portion of Credit for Qualified Sick and Family Leave Wages for Leaves Taken After March 31, 2021: Specify the refundable portion of credit for qualified sick and family leave wages for leaves taken after March 31. The system will transfer this amount to the report on Line 13e.
11. Line 13f - Refundable Portion of COBRA Premium Assistance Credit (See Instructions for Applicable Quarters.): Specify the refundable portion of COBRA premium assistance credit. The system will transfer this amount to the report on Line 13f.