chamcpa
Level 1
10-29-2021
11:51 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Is there a place to enter the PPP loan on a tax exempt tax return?
Labels
IRonMaN
Level 15
10-29-2021
03:35 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If it wasn't forgiven by the entity's year end, it would show up like any other debt on the balance sheet. If it was forgiven, it would show up as a government grant in revenue.
Slava Ukraini!