where to remove the PPP Loan on CBT100S?

Cpabandit · ‎03-07-2021

On Federal return it is a Sch M-1 adjustment as pemanent non-taxable income. But the NJ CBT100S adds it back. Without overriding the add back, where do you remove it?

tc64540 · ‎03-14-2021

So far the only workaround I found is to delete it from line 5b on page 7 of the CBT100S, you'll have to delete the description to get rid of the red error. There is an update 3/18, maybe it will address this, otherwise you can always report it using the Product Suggestion Forum found in the program under HELP>HELP CENTER>PRODUCT SUGGESTION FORUM

Cpabandit · ‎03-14-2021

Then you have a reconciling problem. Instead why wouldn't you delete from line 2k page 10?