@JeffreyR77
Thank you for taking the time to assist. However I'm not sure this answers my question.
That link pretty much described how calculate owner compensation, and how to record/use the funds.
What I am specifically asking is if those member draws/guaranteed payments are to be reported as such.
If the PPP funds are to be considered non taxable, it seems to me that the PPP funds used for owner compensation as guaranteed payments being reported to the IRS as guaranteed payments, I am being taxed on the funds.
