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EIDL Grant Taxable California but not Fed

Level 3

Has anyone figured out a way to make this work correctly in a S-corp?  The only way I could make it work was to treat the EIDL grant as PPP loan expenses but that isn't a correct description on the tax return.  If I do an M-1 for fed and not CA, I couldn't find a way to add the income to the CA taxable income so that the M-1 schedule was correct.  Appreciate any help!

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3 Comments 3


Spidell's message board is a very useful forum for California issues.  I hope you enjoy it.


Spidell Home Page - Spidell (caltax.com)

Level 3

Thank you.  I am asking specifically how to make it work in the Lacerte tax program.  I can check Spidell but didn't think the answer would be there.

Level 2

I have the same issue.  Is there a solution?