ThomasM125
Expert Alumni

Get your taxes done using TurboTax

The PPP loan is not taxable.  As such, you should not enter it on your tax return. It has no affect on your eligibility for a stimulus payment, so you may still be entitled to stimulus payments even if you received a PPP loan that was forgiven. It is not considered income with respect to the income limit on eligibility for stimulus payments.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post