When you add the income as a Form 1099-MISC those questions will come up. Since you are not in business from a forgiven loan.
- Search (upper right) for 1099misc > Click the Jump to ... Link > Begin your entry > Start or Update or Add another 1099-MISC.
A nonprofit is a separate entity from yourself if you have filed the appropriate paper work. A nonprofit organization is required to file Form 990 or Form 990-EZ..
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