The credit, originally scheduled to expire on December 31, 2020, has been extended through June 30, 2021.
Since the eligibility requirements are unique to each taxpayer, we cannot make these determinations for you. To assist you in making an eligibility determination, please refer to the below Employee Retention Credit flowchart. If you determine that you are eligible for one or more quarters, please contact your payroll tax provider, as the credit is claimed on the Employer’s QUARTERLY Federal Tax Return, Form 941. There is an option to claim the credit in advance for 2021, using Form 7200 (Advance Payment of Employer Credits Due to COVID-19).