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PPP

migkc
Level 1

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

What type of return?

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migkc
Level 1

1120S

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abctax55
Level 15

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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