turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

PPP Loans

i'm stuck on a screen stating:

 
Select the year(s) that you received PPP loan(s) which were forgiven
A selection is required.
2020
2021
 
I've had no PPP Loans, forgiven or otherwise. I'm not sure how I even got to this screen, but the program won't let me back out, or continue w/o selecting a year, to try to correct this issue!
Please Help!
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

5 Replies
RobertB4444
Expert Alumni

PPP Loans

Clearly the system believes that you had a PPP loan.  Click on whichever year you like and enter "0.01" as the amount of the loan.  That will at least get you past the error.  Then, once you have completed the return, come back here with any specific errors that the system throws because of this and we will help you figure a way to correct them.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
AnnetteB6
Expert Alumni

PPP Loans

This is a long shot, but if you were following the steps in a TurboTax help article for How do I enter a parsonage or housing allowance reported on a W-2? and followed a 'jump-to' link for other reportable income, then you can land on the PPP screen you described.  The easiest way out is to simply click to another section of your return without answering any questions or filling in any data.
 

The 'jump to' link is not going to the same place as in the past and you are going through a different/incorrect section of the program.  It has been reported that the help article should be corrected.

 

If you indeed need to adjust for a clergy housing allowance, try using the following steps:  

 

  1. In the Income section of your return, scroll to Less Common Income.
  2. Click Start or Update beside Miscellaneous Income, 1099-A, 1099-C.
  3. Scroll to the bottom of the Let's Work on Any Miscellaneous Income screen and select Start next to Other reportable income.
  4. Answer Yes, and on the Any Other Taxable Income screen, type Clergy Housing Allowance in the description and enter it as a negative number (precede it with a minus sign, for example -10,000).

This will report the housing allowance as a negative adjustment on Form 1040 Schedule 1 line 8z.


@brianporter1958 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

PPP Loans

The same thing happened to me. I never had a PPP loan. This must be an error in the system. 

AnnetteB6
Expert Alumni

PPP Loans

If you get stuck on the PPP loan page and cannot get past it, the easiest way out is to simply click to another section of your return without answering any questions or filling in any data.
 

@wendyamckeown 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

PPP Loans

This isn't the only glitch in the system that is taking a lot of extra time this year. Not fun.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question