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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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GA PPP Conformity
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dmat
Level 3
03-03-2021
05:06 PM
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Proseries has a blurb on Schedule 1 of the GA Individual Return that says "Georgia has not conformed to Fed Legislation allowing business expenses to be deducted from a forgiven PPP loan...."
This is wrong.
https://dor.georgia.gov/rules-policies/income-tax/income-tax-federal-tax-changes
Let me know if anyone has another take, I believe this is just an error in the program.
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