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Level 2
February 11, 2021
Question

PPP

  • February 11, 2021
  • 1 reply
  • 12 views

Do we have to enter PPP forgiveness amount if it is not taxable to the state?

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1 reply

abctax55
Level 15
February 11, 2021

What type of return?

HumanKind... Be Both
migkcAuthor
Level 2
February 11, 2021

1120S

abctax55
Level 15
February 11, 2021

If you don't enter it, I do believe you will have an issue attempting to get the balance sheet to balance.

HumanKind... Be Both