S C
Level 2

is the ppp forgiveness is taxable?

0 Cheers
Just-Lisa-Now-
Level 15
Level 15
No, but the expenses you used it to pay, aren't deductible either.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
George4Tacks
Level 15

is the ppp forgiveness is taxable?


Answers are easy. Questions are hard!
BobKamman
Level 15

It might be by next week.  There are enough stupid things in the legislation now being negotiated in Congress, that it has a good chance of being enacted.