DD-DB111
Level 2
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To Sam_In No Sam, I didn't, I ran my K-1 through Turbotax personal and having the PPP on lines 16B & C did not make a difference on my return, so I left it alon...
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For what it is worth, I have been monitoring everything that I can find concerning PPP in Turbotax Biz. I have tried every proposed solution and workaround. The...
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But, we non Tax Experts, shouldn't have to do all this research. I have spent more time on this than on getting the Actual PPP Loan and then getting Forgiveness...
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Then if I remove the $23,000 from other Income, the Balance Sheet and Retained Earnings do not Balance, in addition, the Review brings up the Balance sheet erro...
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I tried the above work-around. First the only way my Balance Sheet and Retained earnings balances is if I have my PPP of $23000, entered in as Other Income. Thi...
Activity Feed for DD-DB111
- Got Cheered for Re: PPP Loan Forgiveness Affect on M-1. March 16, 2022 9:01 PM
- Posted Re: PPP Loan Forgiveness Affect on M-1 on Business & farm. March 15, 2022 7:22 AM
- Posted Re: On Schedule M-2, Form 1120S, do I report PPP loan proceeds forgiven and proceeds used? (i.e. ... on Business & farm. March 14, 2022 8:50 AM
- Cheered Re: PPP Loan Forgiveness Affect on M-1 for Rebecca Fields. March 13, 2022 11:11 AM
- Got Cheered for Re: PPP Loan Forgiveness Affect on M-1. March 12, 2022 9:01 AM
- Posted Re: On Schedule M-2, Form 1120S, do I report PPP loan proceeds forgiven and proceeds used? (i.e. ... on Business & farm. March 7, 2022 11:10 AM
- Posted Re: PPP Loan Forgiveness Affect on M-1 on Business & farm. March 1, 2022 7:57 PM
- Posted Re: PPP Loan Forgiveness Affect on M-1 on Business & farm. March 1, 2022 2:38 PM
- Posted Re: forgiven PPP loans on Schedule M-2 for 1120S on Business & farm. February 25, 2022 2:17 PM
- Posted Re: PPP Loan proceeds as it pertains to balance sheet on Business & farm. February 25, 2022 2:15 PM