JohnCPACFP
Level 3

There is a place for PPP forgiveness in the 1120S and 1065, but not Schedule C (yet).  The line for PPP forgiveness should include EIDL grants and loans, since they all the same for tax purposes, but it doesn't mention either one.    There is suppose to be a line for nonconforming states, but it hasn't been implemented yet.  Expenses paid with PPP money is a moot point after the 12/27 bill and should not be a factor anywhere.