Veronica
Level 2
03-11-2021
12:54 PM
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Do they have to report it on tax return? if so where do I put it?
If they don't , how do I write off all expenses its causing them to have a 50k loss on expenses that was paid with loan. Please help , Im just confused. Might be very simple. Just cant think right now...
Best Answer Click here
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qbteachmt
Level 15
03-11-2021
03:00 PM
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Here is your Help article:
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.
Veronica
Level 2
03-11-2021
04:01 PM
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This is a great answer, but my client is a sole proprietor on a schedule C with EIDL not PPP loan. Can you give me instructions...on this situation