Based on the 1120 S instructions the PPP forgiveness amount is tax exempt income reported on M-2 OAA column d. This can only be done by putting the amount in the tax exempt interest line. How do we account for the expenses paid in current year using PPP funds? The instructions say it should be in M-2 column a and line 5 column d. Can't seem to get these adjustments into Proseries without error and throwing my M-1 off.