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Level 1
February 19, 2021

PPP loan income

  • February 19, 2021
  • 2 replies
  • 5 views

How do I enter PPP loan income & forgiveness in Turbotax Business for an S-Corp?

    This topic has been closed for replies.

    2 replies

    abctax55
    Level 15
    February 19, 2021

    I suggest you ask that on the TURBO TAX forum:

    https://ttlc.intuit.com/community

    THIS is (supposedly...Intuit doesn't treat it that way) a forum for tax professionals, who make a living by doing tax returns for clients.

    Good luck

    HumanKind... Be Both
    IRonMaN
    Level 15
    February 19, 2021

    "THIS is a forum for tax professionals"

    We think it is, but Intuit doesn't.😬

    Slava Ukraini!
    abctax55
    Level 15
    February 19, 2021

    My bad... I edited my post

    HumanKind... Be Both
    qbteachmt
    Level 15
    February 19, 2021

    No one here is using TurboTax. That's why, even though the tax regulations are helpful in how the funds are treated, no one here can guide you on using a program that isn't a program in use here.

    Don't yell at us; we're volunteers