Hello, LyndaKShaw.
Let me share some information on how to apply for the payroll tax credit after you've paid your employees covid sick pay in QuickBooks.
To track the National Paid Leave Medicare Credit, Form 941, and your Covid-19 expense account, you’ll have to follow the steps provided in this article: How to track paid leave and sick time for the coronavirus.
That’ll make sure that your employees got the money they needed and comply with the Family First Coronavirus Response Act (FFCRA). You’ll have to set up your expense accounts for the paid leave from the Chart of Accounts and then set up your liability and expense accounts.
Check this article for more information: How QuickBooks Populates The 941.
Let me know if you still have questions with your tax credit in QuickBooks. I'm always here to help. Have a wonderful day!
