DLP
Level 2
02-14-2021
03:54 PM
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Is there an input field in Lacerte for the SBA loan payments made by the SBA? My understanding is that this is treated similar to PPP and is tax-exempt debt forgiveness. Or does it require manual entry to M-1/M-2? Thanks
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IRonMaN
Level 15
rdccpa
Level 1
02-16-2021
01:09 PM
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Is the SBA loan payments taxable to California just like the PPP forgiveness