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Get your taxes done using TurboTax
Yes, this question is VERY poorly worded and the explain this adds no clarity.
The question states, Did (corp) apply for, or receive, forgiveness for a Paycheck Protection Program (PPP) loan?
The question does not state a specific year. Because of that, the "correct" answer should be yes, even if the loan was previously forgiven.
That said, Intuit is horrible at explaining things and writing questions and it appears you should answer no, even if your loan was previously forgiven as they are apparently only talking about 2022 even though they don't mention that anywhere!!!
Intuit is awful.
March 14, 2023
1:03 PM