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

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

Where do I put the PPP loan on a 1065

There is some bad information in this string. 

Distributions have absolutely nothing to do with determining whether the PPP funds were used for eligible expenses in a partnership.  Distributions are also not used as payroll expenses for a partnership.

I recommend you start a new thread if you have questions related to this area.

 

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies