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PPP loans for S-Corp
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dawno
Level 1
03-09-2022
11:02 AM
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I'm struggling with the M-1 and M-2 reporting. I understand how to report the PPP proceeds on the M-1 as described in the ProSeries article; however, reading the IRS regs, the PPP related expenses also need to be reported on the M-2, columns a and d. I keep getting error messages when I try to enter in column (a). What am I missing? TIA!
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