- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Will ProSeries be updating forms to include the statement that that a PPP Loan has been forgiven or applied for? On page 23 of the 1040 instructions, it explains what needs to be attached to the return.
Best Answer Click here
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
There is a Quickzoom on Schedule C for the PPP loan statement
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Is there something similar for 1120S and 1065 return types?
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Not yet
Slava Ukraini!
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Ok... so I played around with this PPP Loan Forgiveness statement, and at the top it has RP2021-48 Forgiveness of PPP, etc.
But when I enter the fields the actual statement refers to RP2021-49,,, which appears to point to a partnership entity event, Am I crazy? or is this an issue?
And is RP2021-49 applicable to partneships and the kind of statement we should use with them? I know S Corps use the same RP2021-48 as individuals?
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪