Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Coffee Shop
PPP loan and schedule F
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="kucala5" data-source="post: 1671347" data-attributes="member: 22006"><p>Schedule F PPP deadline is March 31.</p><p>Your loan is determined by using your gross income from 2019 or 2020 tax return divided by 12 x 2.5</p><p>My understanding is this is for sole proprietor operations/no employees.</p><p>The loan is forgiven if at least 60% is used to pay yourself over an 8-24 week period as well as other qualifying expenses.</p><p>If not forgiven, it's at 1% over 5 years.</p></blockquote><p></p>
[QUOTE="kucala5, post: 1671347, member: 22006"] Schedule F PPP deadline is March 31. Your loan is determined by using your gross income from 2019 or 2020 tax return divided by 12 x 2.5 My understanding is this is for sole proprietor operations/no employees. The loan is forgiven if at least 60% is used to pay yourself over an 8-24 week period as well as other qualifying expenses. If not forgiven, it’s at 1% over 5 years. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Coffee Shop
PPP loan and schedule F
Top