Which are the wages that qualify for employee retention credits on IRS Form 7200?
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Qualified retention credits are entered on line 1 of Form 7200. Qualified wages are wages paid to certain employees during a quarter for social security and Medicare tax purposes. You have to enter 50% of the amount of the qualified wages that you paid to your employees in the current quarter.
If you paid any qualified wages between March 13, 2020 - March 31, 2020, including 50% of those wages together with 50% of any other qualified wages paid during the second quarter on line 1 of the Form 7200.

The wages that are considered in calculating your credit depends on the size of your workforce. For eligible employers who had an average of 100 or less full-time employees during 2019, the credit is calculated based on the wages paid to all their employees. For eligible employers who had an average of more than 100 full-time employees in 2019, the credit is allowed only for wages paid to employees who did not work during the calendar quarter.