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Get your taxes done using TurboTax
I'm an independent contractor and received a PPP loan. TurboTax tells me my income in 2020 makes me eligible for the individual stimulus checks (which I haven't received because my income was higher than the threshold in 2019, though not in 2020). Is it possible that I'm eligible for the stimulus check given that I already received a PPP loan? If I answer the TT questions correctly it insists that I do, but as a sole proprietor there's nowhere TT asks if I got a PPP loan so I'm not sure if I could technically get both.
May 7, 2021
9:54 PM