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That's similar to what I planned to do. I think what matters is the result, which is PPP is nontaxable for federal.I put PPP1 in the 2020 section and PPP2 in th...
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I don't think it means forgiven year.If the loan is forgiven in 2020, it should be treated as tax-exempt income in 2020 tax return, not 2021.We can treat PPP as...
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In section 4.1 PPP Loan Forgivenss Statement, why are there both 2020 taxable year and 2021 taxable year? What does the year 2020 and 2021 mean there? Thank you...
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Does PPP application's "gross receipts" includes money received from HHS Stimulus(Cares Act Provider Relief Fund)?
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I am wondering ifCA SOI Penalty tax deductible or not? The question is for both state and federal.