- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
Thank you for the response. I think you have have made an error saying m-3 as that is a form for 10+ million dollar businesses. I assume you mean m-2? I used the step by step function to input my loan forgiveness. Turbotax imported the forgiven amount under 16b for me. I see it there, which seems correct. My end of the year balance sheet is the negative forgiven amount. Is the PPP loan supposed to be a negative value under one of the labilities (line 16-27)? That is the only way it would balance to 0. Thanks again.
March 24, 2022
5:24 PM