A couple of questions:
- How is the PPP reflected on QB?
- Essentially, what was the journal entry when you received the funds
- When did the forgiveness occur?
- Based on the limited facts, I'm assuming 2022?
- What did you do in QB once the "loan" was forgiven?
- What type of entity structure are we dealing with?
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
