nontaxable EIDL advances to CA

[hgtc]

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

[taxwheeler]

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

[hgtc]

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 · Accepted solution]

Great thank you for the update.