- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
PPP forgiveness is completely tax free on a federal level and does not need to be reported on your federal tax return, but for most states it is taxable, so the funds that were used for expenses are not deductible. But it looks like TT does not have a simple way to handle this situation. Very surprising
‎February 12, 2021
9:17 PM