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PPP loan income

DD69
Level 1

How do I enter PPP loan income & forgiveness in Turbotax Business for an S-Corp?

0 Cheers
4 Replies 4
abctax55
Level 15

I suggest you ask that on the TURBO TAX forum:

https://ttlc.intuit.com/community

THIS is (supposedly...Intuit doesn't treat it that way) a forum for tax professionals, who make a living by doing tax returns for clients.

Good luck

Former Chump..umm... AllStar...This message was typed from 6 feet away so you can safely read it immediately.

If a post answers your question, click on *Accept as solution* for future searches
IRonMaN
Level 15

"THIS is a forum for tax professionals"

We think it is, but Intuit doesn't.😬

ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)
abctax55
Level 15

My bad... I edited my post

Former Chump..umm... AllStar...This message was typed from 6 feet away so you can safely read it immediately.

If a post answers your question, click on *Accept as solution* for future searches
qbteachmt
Level 15

No one here is using TurboTax. That's why, even though the tax regulations are helpful in how the funds are treated, no one here can guide you on using a program that isn't a program in use here.

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"Level Up" is a gaming function, not a real life function.