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April 18, 2022
Question

I received a small business loan from the SBA for COVID assistance. Does that count as income?

  • April 18, 2022
  • 1 reply
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1 reply

KrisD15
April 18, 2022

No, it would be cash in, but not income since you have to pay it back. 

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captgaryAuthor
April 18, 2022

thank you!