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Basis increases as it is treated like tax-exempt interest.
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I inputted the loan forgiveness on line 5a of the M-1 and it does not flow to the M-2.
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How do you input the basis increase for the PPP loan forgiveness in Proseries?
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Thank your for your reply. The reason why I do not think it qualifies is that a mobile home used for a rental is considered residential real property (has a bat...
