Cryptocurrency Q&A
How much will I get for ERC?
How much will I get for ERC?
Leonardo
Fri Nov 08 2024
|
7 answers
1563
I want to know how much money I will receive for ERC. Please provide me with the estimated amount or a range of possible amounts so that I can have a clear understanding of what to expect.
7 answers
Giulia
Sun Nov 10 2024
The ERC, or Employee Retention Credit, is applicable only to the first three financial quarters of the year 2021.
Was this helpful?
337
28
CryptoBaron
Sun Nov 10 2024
For each of these quarters, eligible wages are calculated at a percentage of 70%.
Was this helpful?
104
32
Enrico
Sun Nov 10 2024
This percentage is used to determine the maximum credit amount that can be claimed.
Was this helpful?
173
58
Leonardo
Sun Nov 10 2024
Credits for the year 2021 are being calculated.
Was this helpful?
377
88
StormGlider
Sun Nov 10 2024
The maximum credit per employee per quarter is capped at $7,001.
Was this helpful?
182
27
Load 5 more related questions
