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Get 5419 2020-2024

Undable tax credit is 50% of up to $10,000 in qualified wages paid to an employee by an eligible employer experiencing economic hardship related to COVID-19. This credit is for wages paid from 3/13/2020 through 12/31/2020. The credit is generally available to all employers regardless of size, including tax-exempt organizations. 2 Federal, state and local governments and their agencies or instrumentalities are not eligible. EXCEPTIONS Businesses that receive a Small Business Interruption Loan.

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