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trapperlon
Level 2
February 28, 2021
Question

Minnesota adjustments for PPP Loan and Cares Act

  • February 28, 2021
  • 3 replies
  • 17 views
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3 replies

TaxGuyBill
February 28, 2021

Yes.

Do you have a question?

    trapperlonAuthor
    Level 2
    February 28, 2021

    Is ProSeries making the necessary adjustments on the Minnesota returns for the differences between Federal and Minnesota for the PPP loans and the provisions of the CARES Act?

    IRonMaN
    IRonMaN
    Level 15
    February 28, 2021

    The software isn't that smart, you have to do that yourself.  Personally, I'm waiting to see if the brain trusts in St Paul are going to change the law to comply with the federal before I finish up any of those returns.

    Slava Ukraini!
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