abctax55
Level 15
03-15-2021
06:39 PM
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PPP LOANS SHOULD NOT BE ADDED TO RETURNS = what the OP asked.
And my answer addressed the issue that PPP loans DO have to be added to Corp & Partnership returns as Sch M adjustments.
Sch C's do NOT need the PPP loans added to the return.
That's the difference that I was pointing out, as the OP didn't disclose the type of return being filed.
HumanKind... Be Both