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Question 8 of 8. Which statement is TRUE for 20207 Barney is a sole proprietor with no employees. He was diagnosed with COVID-19 and missed

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Question 8 of 8. Which statement is TRUE for 20207 Barney is a sole proprietor with no employees. He was diagnosed with COVID-19 and missed 10 days of work during 2020. When determining his credit for paid sick leave, Barney must use his 2019 income. Tamara is a sole proprietor with five employees. She received a PPP loan and used the funds for payroll expenses during 2020 The entire loan was forgiven. Tamara may deduct the expenses paid with the forgiven loan. Xander is a sole proprietor with no employees. He may take the Employee Retention Credit for himself on his 2020 retum. Saul is a sole proprietor with ten employees. He received $100.000 in Ppp funds during 2020. Saul may not claim the Employee Retention Credit or the credit for paid leave. Mark for follow up

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