https://ttlc.intuit.com/community/after-you-file/discussion/re-eidl-grants-2020-returns/01/2349349#M599248 <P><A href="https://cpahalltalk.com/ppp-eidl-accounting/" target="_blank" rel="noopener">https://cpahalltalk.com/ppp-eidl-accounting/</A></P><P><A href="https://windhambrannon.com/blog/accounting-strategies-eidl-advance-ppp-loans/" target="_blank">https://windhambrannon.com/blog/accounting-strategies-eidl-advance-ppp-loans/</A></P> Wed, 08 Sep 2021 01:35:28 GMT M-MTax 2021-09-08T01:35:28Z https://ttlc.intuit.com/community/after-you-file/discussion/eidl-grants-2020-returns/01/2349299#M599234 <P>I file a 1120S and California 100S.&nbsp; &nbsp;I know to exclude the grant from the income statement and balance sheet.&nbsp; How do I correct imbalances created, reconcile M1 and M2, and report K1's correctly</P><P>&nbsp;</P><P>&nbsp;</P> Tue, 07 Sep 2021 20:58:07 GMT https://ttlc.intuit.com/community/after-you-file/discussion/eidl-grants-2020-returns/01/2349299#M599234 jwarta 2021-09-07T20:58:07Z https://ttlc.intuit.com/community/after-you-file/discussion/re-eidl-grants-2020-returns/01/2349349#M599248 <P><A href="https://cpahalltalk.com/ppp-eidl-accounting/" target="_blank" rel="noopener">https://cpahalltalk.com/ppp-eidl-accounting/</A></P><P><A href="https://windhambrannon.com/blog/accounting-strategies-eidl-advance-ppp-loans/" target="_blank">https://windhambrannon.com/blog/accounting-strategies-eidl-advance-ppp-loans/</A></P> Wed, 08 Sep 2021 01:35:28 GMT https://ttlc.intuit.com/community/after-you-file/discussion/re-eidl-grants-2020-returns/01/2349349#M599248 M-MTax 2021-09-08T01:35:28Z