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PPP Loan Forgiveness

lhcpa
Level 1
 
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3 Replies 3
abctax55
Level 15

As the forgiveness computation starts (& is primarily based) on payroll amounts, and FTE calculations, I don't see it ever being added to an income tax program.

I'm hoping QB/payroll does add some functionality for doing the computation, as it's brutal from what I have read on other forums.

Former Chump..umm... AllStar...This message was typed from 6 feet away so you can safely read it immediately.

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qbteachmt
Level 15

The PPP loans are part of SBA, not IRS. It's not a Tax program.

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BobKamman
Level 13

And while you are at it, add the forms that the National Park Service requires for reserving campsites.  We all plan on getting away from it all after July 15.  

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