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PPP Loan Forgiveness

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Level 1
last updated ‎May 18, 2020 11:45 AM
 
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Level 15
last updated ‎May 18, 2020 11:45 AM

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.
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Level 12
last updated ‎May 18, 2020 11:45 AM

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

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Level 10
last updated ‎May 18, 2020 11:45 AM

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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