Hi there, I'm chiming in since my company (S-corp) received PPP ($72K) and a disaster loan of $50K, using TurboTax business, how do we offset the incoming PPP to outgoing payroll. The payroll is reported as an expense, but no incoming PPP?
We did receive a SBA EIDL (Economic Injury Disaster Loan) of $50K, how is this reported?
Thank you!
