qbteachmt
Level 15
02-23-2022
06:13 PM
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"Loan approved date: 04/26/2021"
FTB: California law does not conform to this extension and does not allow an exclusion from income for PPP loans made after March 31, 2021.
That's when they got the Loan. The Banking deposit and the forgiveness dates are not what you use, for the CA nonconformity.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers