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Partnership has aforgiven PPP loan. Check the box yes?
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Exactly. TSCPA has posted an article that basically says if the legislature doesn't change it, it is taxable. The loans I am concerned about have been forgiven ...
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I had read that since Texas does not conform to the 2020 tax changes, the Forgiven PPP loan is treated as forgiveness of debt and included as gross receipts for...
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Lacerte does not include forgiven PPP loans in gross receipts. It is my understanding that they are includible. Does anyone know different? What are your opinio...