ThomasM125
Expert Alumni

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The PPP and EIDL advances are not taxable and qualifying expenses paid with those funds are tax deductible. Provider Relief Fund payments are taxable, unless made to a tax-exempt health care provider and used for tax-exempt purposes.

 

You can find more about this here:

 

https://www.irs.gov/newsroom/frequently-asked-questions-about-taxation-of-provider-relief-payments

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