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New PPP deal
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sand85
Posted 1/10/2021 12:36 (#8739568 - in reply to #8739484)
Subject: RE: New PPP deal


C IL

I don’t think the special gross Sch F revenue rules apply to corporations, just individuals.  It would be fine with me if SBA felt otherwise, though.

I read a bunch of the language in the law in late December and I read a bunch of the two SBA FAQ updated posted Wednesday. 

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