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Level 5
January 29, 2022
Question

PPP Forgiveness Letter in 1120S and 1065 Programs

  • January 29, 2022
  • 4 replies
  • 14 views

ProSeries added the page to the 1040 program, but what about the 1120S and 1065 programs?

Thanks,

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4 replies

PATAX
Level 12
January 29, 2022

I would wait and see if it comes through on an update. Little too early now to do those returns anyways. Just my opinion.

IRonMaN
Level 15
January 29, 2022

It's not an overly complicated "page".  You can always type up your own and attach as a pdf if you want to get the return out the door.

Slava Ukraini!
steve5Author
Level 5
January 30, 2022

I expect it to be part of my software package that I pay thousands of dollars for.....

PATAX
Level 12
January 30, 2022

...Steve, I agree with you in that the product and service need to be improved in my opinion....

Level 3
January 30, 2022

Also the body of the  letter in the 1040 return is incorrect.  It sites Rev. Proc. 2021-49 instead of 2021-48

Level 3
January 31, 2022

ProSeries is planning to support a similar statement for the business programs and it is currently in development.