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Yes, I had same issue and almost missed the carry forward because of this... The carry forward amount was correct in the program but not being applied to tax li...
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Yes, but the initial guidance from the IRS was that the expenses associated with PPP forgiveness would NOT be deductible. It took an act of Congress there at th...
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This is my concern as well. I am going to hang my hat on Lisa's message about the IRS rejecting returns with those expenses allowed. 🙂EIPs are a little differe...
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https://www.irs.gov/pub/irs-drop/n-21-21.pdfThe Secretary has also determined that any individual with a period of limitationsto file a claim for credit or refu...
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Thanks Lisa! I do understand how to reduce it. My question is, why is Proseries doing this? Are they thinking it may be deductible as well as forgiven?I will do...
