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    PPP

    migkc
    Level 1
    ‎02-11-2021 11:24 AM

    Do we have to enter PPP forgiveness amount if it is not taxable to the state?

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    3 Comments 3
    abctax55
    Level 15
    ‎02-11-2021 11:34 AM

    What type of return?

    "Tax software is no substitute for a professional tax preparer"
    migkc
    Level 1
    ‎02-11-2021 11:44 AM

    1120S

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    abctax55
    Level 15
    ‎02-11-2021 11:47 AM

    If you don't enter it, I do believe you will have an issue attempting to get the balance sheet to balance.

    "Tax software is no substitute for a professional tax preparer"
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