Business & farm

Here's the workaround we tried that worked

  1. Go to the Step-by-step section where TT asks about if you received PPP forgiveness, and answer 'no'
  2. Go to the forms section, open the PPP form and then add the forgiven amount in there.
  3. Add the PPP amount on the M-1 form (we added it under 'other permanent income items')
  4. We then verified that the amount was listed on the K-1(s) in line 16b
  5. Run the federal error check to make sure it works

I don't recall if we did step 2 before 3, or step 3 before 2.  If it doesn't work in the order listed above, swap 2 and 3 and try again.