Where on the Schedule C do I pick up the PPP Loan forgiveness.
I entered all of the busisness expenses and all of the business income I received netting to a negative number.
I received PPP forgiveness which when added to the loss reduces the loss.
Do I record the PPP as income of do I create a negative expense for the PP forgiveness abd reduce my expenses?
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
