Melvin123
Level 1
01-26-2022
11:33 AM
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A couple of questions: 1. Where do I input PPP loan forgiveness proceeds and make it go to Other Adjustments account. 2. I have a client that wrote-off their treasury stock to retained earnings - any way to show on ProSeries? Perhaps show as accumulated tax/book timing differences? 3. How to input PPP fund expenditures - my understanding is that they also reduce Other adjustments account. 4. Where would a non-deductible loss due to related party rules go - to AAA or OAA?
Thanks
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