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In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
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- California PPP Loan for S Corp.
California PPP Loan for S Corp.
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Level 4
08-23-2021
01:51 PM
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Where are we to make the adjustment on CA 100S for corporations that are not allowed to deduct the expenses for the PPP loan forgiveness? It seems to read we do not have to reduce specific expenses, so can we just add it to line 7 on the S Corp return under "other additions"
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