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nontaxable EIDL advances to CA

hgtc
Level 4

Does anyone know if Lacerte will update nontaxable EIDL advances for CA business?

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taxwheeler
Level 1

Great thank you for the update.

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3 Replies 3
taxwheeler
Level 1

I am waiting on this change as well.  Also wondering if this will include SBA Debt relief of 7(a), 504, and Microloans.

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hgtc
Level 4

this is what Lacerte said.

"On April 30 the CA governor signed AB 80 into law.  We are currently in the process of updating the program.  These changes are scheduled to be released with the 41.0511 release of the program."

taxwheeler
Level 1

Great thank you for the update.

View solution in original post

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