Options for resolving incorrect ERC claims 

he IRS has several options to help businesses who have discovered they have questionable ERC claims. 

• Claim withdrawal: Given the large number of questionable claims identified in the recent review, the IRS continues to urge ineligible businesses with unprocessed claims to consider the ERC Withdrawal Program to avoid future compliance issues. The IRS will treat the claim as though the taxpayer never filed it. No interest or penalties will apply. 

• Amending a return: Businesses that overclaimed the ERC can amend their returns to correct the amount of their claim.