KSue
Level 1
06-15-2021
11:43 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I don't think my unforgiven yet PPP loan should be entered as income on my 1120.but am not sure. Does it go on the M-1 where my forgiven PPP and EIDL are put?--
Labels
qbteachmt
Level 15
06-15-2021
11:52 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
A loan not forgiven is Debt (Liability).
*******************************
Don't yell at us; we're volunteers
Don't yell at us; we're volunteers