Cheryl33
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So as a S-Corp filing a 1120S I do no need to show the forgiven PPP loan or the EIDG grant on my tax return or K-1's as it in not considered income?
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The IRS has actually provided the form. To use this form since Turbo Tax has not updated.Download the forms you have used in turbo tax and hand do your taxes an...
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- Posted Re: Will Turbotax handle forgiven PPP loan? on Business & farm. March 17, 2021 8:41 AM
- Posted Re: New Exclusion of up to $10,200 of Unemployment Compensation on Get your taxes done using TurboTax. March 16, 2021 1:12 PM