@Lois957 I followed the instructions given in this forum (See the link below) to correct my Schedule K in NJ CBT-100S.
https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/ppp-loan-forgiveness-on...
I kind of skeptical about removing the amount entirely as I was thinking in my earlier post, because the amount is shown in Federal (1120S) and if it is not shown in the NJ CBT-100s that may raise doubts.
The above article suggests how to report it and make adjustments on CBT-100s.
