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Level 2
February 23, 2026
Question

PPP loans ?

  • February 23, 2026
  • 2 replies
  • 15 views
 

PPP loans the program now says No entry on 1040/1040SR. This is maddening fix the **bleep** program so I can file my taxes!

 

 

 

    2 replies

    LaShaunA3
    Level 6
    February 23, 2026

    We'd love to help you complete your tax return, but need more information. Can you please clarify your question?

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    lahannmanAuthor
    Level 2
    February 23, 2026

    Well some howTurboTax program thinks I had PPP loans. I

    Have never had a PPP loan and it won’t let me progress
    Beyond that point, until I select which year 2020 or 2021
    I had these loans. When I checked with your help button
    The response was select either year and place .01 in the 
    Amount section. When I did this the program allowed me
    To progress with the balance of my federal taxes. However
    When the program performed a review the program called for
    A fix on PPP loans wanting further info I.e. dates when loans
    Were forgiven. Of course since I had no PPP loans I am stuck
    With no where to go! 
     
    I have been using TurboTax for 23 years now and this is the 
    Most frustrating issue I have ever come across! I can’t 
    Finish my taxes until this is fixed! Otherwise I have to go
    Elsewhere to have a tax service finish my taxes!
    Look forward to your response!
    Regards
    Gene
    Level 15
    February 24, 2026

    Since you never had a PPO loan, you can look to see if you have a PPP loan statement in your program and if so, you can delete it. Use the Forms menu option to retrieve the form and delete it if you are working with the desktop TurboTax, otherwise:

     

    Follow these instructions:

     

    1. Choose the Tax Tools option on your left menu bar while working on your return

    2. Choose Tools

    3. Choose the Delete a form option under Other Helpful links 

    4. Find the PPP loan stmt in the list and delete it

     

    If that doesn't work and you are working in the desktop version of TurboTax, use the Forms menu option to retrieve the PPP loan stmt in the list of forms. Look for the fields that are highlighted in red on that form and make entries as is required to remove the red highlights, which will mean you cleared the error.


     

     

     

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    Level 2
    March 10, 2026

    This is definitely a software glitch. If you run "Visit All" under miscellaneous income, there is no option for "Did not have a PPP loan". It forces you to pick a year or back out. I