Right, all that verbiage is pretty confusing to a non tax professional (who bought TurboTax in order to avoid the need to directly research tax codes - i.e. IRC section 61, IRC section 265, 17131.8, 24308.6, AB 1577 Stats. 2020 Ch. 39, AB 80 Stats. 2021 Ch. 17). However, if I'm understanding, it sounds like all of that is irrelevant in my case - the only thing that matters is:
> If you received a grant/loan in 2020 and it was forgiven in a prior year, then it doesn't affect your 2023 California return.
...In other words, nothing to do here 🙂
