About glucido

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Solved Re: Is the EIDL Advance (grant) considered taxable income?

Yes it is tax exempt income. It is essentially a grant. You do not carry this on your balance sheet as a loan because it is forgiven.

glucido

Updated Aug 31, 2022
Solved Re: Is the EIDL Advance (grant) considered taxable income?

Although it is not considered taxable income you do need to enter it on your tax return otherwise your tax return balance sheet will be out of synch with your a...

glucido

19

Updated Aug 31, 2022
Solved It doesn't import from Quickbooks Online either. SMH.

It doesn't import from Quickbooks Online either. SMH.

glucido

Updated Mar 02, 2023

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