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    SBA Loan Payments made by SBA - input field

    DLP
    Level 2
    ‎02-14-2021 03:54 PM

    Is there an input field in Lacerte for the SBA loan payments made by the SBA?  My understanding is that this is treated similar to PPP and is tax-exempt debt forgiveness.  Or does it require manual entry to M-1/M-2?  Thanks

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    IRonMaN
    Level 15
    ‎02-14-2021 04:00 PM

    It's the same.


    Slava Ukraini!

    View solution in original post

    2 Comments 2
    IRonMaN
    Level 15
    ‎02-14-2021 04:00 PM

    It's the same.


    Slava Ukraini!
    rdccpa
    Level 1
    ‎02-16-2021 01:09 PM

    Is the SBA loan payments taxable to California just like the PPP forgiveness

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