Dean2
Level 2
03-01-2021
04:17 PM
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The tax-exempt income does not flow through to Schedule M, line 3
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itonewbie
Level 15
03-01-2021
06:08 PM
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Has it been forgiven?
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Still an AllStar
Still an AllStar
Dean2
Level 2
03-02-2021
06:24 AM
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Yes, the loan has been forgiven.
Dean2
Level 2
03-02-2021
06:28 AM
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Where does it go, then? The LA balance sheet does not balance because Earned Surplus is understated by the amount of the PPP & EIDL grant.
lifeisgood
Level 1
04-13-2021
10:48 AM
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Did you find a solution?
brookel1027
Level 1
03-04-2022
04:57 AM
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Following - I am also looking for the solution to this.
Heazie
Level 1
05-11-2022
07:39 PM
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Any updates on this? I'm having the same issue.