By doing this, it takes the income and puts it nowhere on the M2 worksheet.  PPP forgiveness is supposed to go into other adjustments account and then the ppp funds utilized for proper expenses is supposed to be a subtraction from other adjustments account. 

If you fill out the M2 worksheet, there is no place to put these amounts in - it's like every line is linked to nowhere.

Below, I overrode the M2 schedule for the PPP funds expended which offset the PPP forgiven 12/31/20.

 But the override did not impact the M2 worksheet.

If you try override on this worksheet, it doesn't carryover very well. And I really can't locate any place to actually enter in anything.