PPP Loan forgiveness statement not needed

[Ed O]

Our PPP loan forgiveness occurred in 2021 and accordingly we filed the TT-generated statement (Rev. Proc. 2021-48) for 2021. 

Now, in preparing the 2022 return, the "PPP Loan Statement" form is again included in the list of "Official forms required for filing" even though we answered "No" in the 2022 questionnaire to the the "Forgiven PPP Loan" question.  

I believe this form is not needed in the current year since the loan was forgiven and the statement filed in the previous year.    Is this accurate?    If so, is there a way to eliminate the statement from the "All official forms required for filing" list?  

[KrisD15]

No, that is not needed since the loan was forgiven in Tax Year 2021.

Often the TurboTax program will carry over forms from the previous year. 

To Delete a Form in Desktop:

1. Simply switch to FORMS (top right corner) 
2. Find the form you want
3. Select DELETE located at the bottom of the screen 
4. Confirm

To Delete a Form in Online:

1. Click TAX TOOLS on the left side-bar
2. Click TOOLS on the Drop-Down 
3. Click “Delete a Form” on the TOOLS CENTER screen 
4. Click Delete next to the form on the list 
5. Confirm and continue 

[Ed O]

Thank you, KrisD15.

[dmartinschaos]

I am having the same problem. However, when I go to form and forms in my return, no PPP form is listed. I tried checking a box and entering bogus information to see if the form would show up. No dice. When I go back, it simply asks me to pick a year again. 
The program also insisted I enter my spouse's income in Canada despite the fact that I clicked that we have not lived anywhere else or earned income anywhere else. 
I've never had such problems with TT before. I'm really frustrated. I just want to do my simple taxes and move on. Is this TT's way of trying to force me to use the online version????

[DawnC]

Are you working a 2025 return or a prior-year return, @dmartinschaos ?   

[dmartinschaos]

2025 return 

[DianeW777]

To be specific, it seems you are trying to enter income in regards to a PPP loan that was not used at least 60% for payroll costs? If so you can report the income using the steps below.

Other Miscellaneous Income:

1. Sign into your TurboTax Online or TurboTax Desktop return:
2. Go to Wages and Income  section
3. Scroll to  Less Common Income > Select  Miscellaneous Income, 1099-A, 1099-C
4. Select Other reportable Income > Enter a description (----) and the amount

Note: A Paycheck Protection Program (PPP) loan is a forgivable loan designed by the U.S. Small Business Administration (SBA) to help small businesses maintain payroll, hire back employees, and cover overhead costs during the COVID-19 pandemic. These loans were fully forgiven if funds were used for authorized costs, primarily payroll, over a specific period. This ended May 31, 2021.

• SBA Paycheck Protection Program (PPP) for COVID-19 Crisis

Please update here if you have additional details to add or have more questions and we will help.

@dmartinschaos