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[Music] hi im candy president of affordable bookkeeping and payroll services and today i wanted to show you how to do your correction for your 941 that was originally filed in 2020 prior to being able to take the employee retention tax credit now that you are allowed to have both the paycheck protection program loan and the employee retention tax credit to be able to claim that youll have to revise what was originally filed with the irs in the past quarters now most people are going to be using the second quarter for 2020 is that is the first period that they had a docHub reduction in their income or they were shut down partially or completely and can claim the credit if you have employees that didnt have at least ten thousand dollars of wages in the second quarter and you still qualify in the third you can also revise that quarter as well but keep in mind again that the maximum wages for 2020 is ten 10 000 for the year so anyone that makes more than that even in the second qu