Originally Posted by grandmom:
Hey Tom,
I saw your PPP post on Facebook saying it wasn't taxable income. Is this also true for the PPP in 2020? I'm pretty sure it was included in my "income" when I did 2020 taxes.
Thanks for your reply.
PPP money received in 2020 is not taxable income. If it was included, file an amended tax return (Form 1040X) and get a refund.