About gfurtado

Returning Member

Member profile

Latest badges earned

Replies
Posts

Re: Will Turbotax handle forgiven PPP loan?

You can report it on you r2021 taxes

gfurtado

Updated Aug 08, 2022
Re: Will Turbotax handle forgiven PPP loan?

Just the forgiveness amount.

gfurtado

2

Updated Aug 08, 2022
Re: Will Turbotax handle forgiven PPP loan?

I was referring to California tax, not federal taxes

gfurtado

4

Updated Aug 08, 2022
Re: Will Turbotax handle forgiven PPP loan?

Yes, the steps would be the same. just not sure if the 2020TT has the PPP options Last time i looked it didn't.

gfurtado

Updated Aug 08, 2022
Re: Will Turbotax handle forgiven PPP loan?

You can report it on either your 2020 or 2021 tax return. probably be best to report on your 2021 tax return as TT has no place to report on their 2020 tax soft...

gfurtado

Updated Aug 08, 2022

Membership stats

Public Statistics

Date Registered	‎June 1, 2019 2:29 PM
Date Last Visited	‎February 7, 2024 9:55 AM
Total Messages Posted	12

Quick links