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Paycheck Protection Program Forgiveness Documentation

Paycheck Protection Program Forgiveness Documentation

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Feb 15, 2019 · General Partners : The amount of loan forgiveness requested for general partners cannot exceed the amount of their 2019 or 2020 net earnings from self-employment (reduced by claimed section 179 expense deduction, unreimbursed partnership expenses, and depletion from oil and gas properties) multiplied by 0.9235.

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