Ed O
New Member

PPP Loan forgiveness statement not needed

Our PPP loan forgiveness occurred in 2021 and accordingly we filed the TT-generated statement (Rev. Proc. 2021-48) for 2021. 

 

Now, in preparing the 2022 return, the "PPP Loan Statement" form is again included in the list of "Official forms required for filing" even though we answered "No" in the 2022 questionnaire to the the "Forgiven PPP Loan" question.  

 

I believe this form is not needed in the current year since the loan was forgiven and the statement filed in the previous year.    Is this accurate?    If so, is there a way to eliminate the statement from the "All official forms required for filing" list?