sjrcpa
Level 15

Most of us have.

It goes nowhere on Schedule C. Schedule C reports taxable income only.

At the federal level all the expenses are deductible. Your state may have a different treatment.

If it was forgiven in 2021, or if you're treating it as forgiven in 2021 you have to attach a statement to the return.


The more I know the more I don’t know.

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