Finalized versions of the new Form 5884-D, Employee Retention Credit for Certain Tax-Exempt Organizations Affected by Qualified Disasters, and the form’s instructions were released April 22 by the Internal Revenue Service.
The finalized form and instructions were not changed from the draft versions that were released April 19 by the agency.
Form 5884-D is to be used to claim a new type of employee retention credit that is allowed for certain tax-exempt organizations affected by qualified disasters in 2020.
The new payroll tax credit is allowed under Section 303(d) of the Taxpayer Certainty and Disaster Tax Relief Act of ...
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