- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
I wonder if this question ever got a satisfactory answer.
I am having to do the same for our 2021 tax return. - the SBA paid 6 months of loan on our behalf. Our asset is not big enough to have to enter the balance sheet numbers. Still, my question is: since this income is non-taxable, do I have to report it on our Tax return. (We have a partnership filing on the 1065 Form.) And If we have to report it, WHERE should it be entered? As on Turbotax, Business, there seems to be no place to enter it during the interview. Thanks first.
March 9, 2022
2:19 PM