qbteachmt
Level 15
07-07-2021
02:55 PM
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Ah, look what I just came across: "The IRS – in the 2020 Form 990 instructions – has stated, ‘Amounts of PPP loans that are forgiven may be reported on line 1e as contributions from a governmental unit in the tax year that the amounts are forgiven.’ "
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Don't yell at us; we're volunteers