Ppp Schedule A Worksheet Instructions

If you paid all of your employees at least 75 of their average salary or hourly wage check the box and enter zero on line 3.

Ppp schedule a worksheet instructions. From the worksheet box 3. Enter the amount from line 3 of ppp schedule a on line 5 of the loan forgiveness application form. Borrower demographics p 11. Instructions for ppp schedule a.

Documents required with submission and documents to retain p 10 5. Here you will find the ppp schedule a worksheet. Table instructions employee s name. Check the applicable box on the ppp schedule a.

To first complete your 100 000 validation click 1. Separately list each employee. From the worksheet box 1. Enter 1 0 on line 7 of the ppp loan forgiveness calculation form.

If all your employees were paid at least 75 of their original pay between january 1 and march 31 check the box and enter 0. Table 1 is for employees who make less than or equal to an annualized 100k. The onpay loan forgiveness report does not account for the safe harbor exemptions. Enter the total from box 3 salary hourly wage reduction from the ppp schedule a worksheet.

When you run the report plug in the date range for your coverage period or alternative coverage period. Self employed individuals without payroll can skip lines 1 through 8. From the worksheet box 4. Enter 1 0 on line 13 of the ppp schedule a.

Schedule a worksheet p 9 1. For lines 6 through 9 during the covered period or the alternative payroll covered period. Forgiveness ppp schedule a ppp worksheet table 1 ppp worksheet table 2 ppp salary reduction step 1 ppp salary reduction step 2 ppp salary reduction step 3 employee worksheet highlighted cells on worksheets are to be completed by. This is the third component of the ppp forgiveness application but should ideally be completed before the second component.

From the worksheet box 2. Schedule a worksheet instructions pp 7 8 4. Lines 1 through 5. To fill out the ppp forgiveness calculation form begin by filling out the schedule a worksheet.

Complete the tables 1 2 with all your employees names and salary information. Enter the amounts from ppp schedule a worksheet tables as directed. Enter the amount in box 1 cash compensation table 1 from the ppp schedule a worksheet. Schedule a p 6 1.

Instructions for ppp schedule a worksheet complete the ppp schedule a worksheet or obtain an equivalent report from the borrower s payroll system or payroll processor. Ppp schedule a worksheet. Ppp forgiveness application and attestation pp 3 4 1. Launch the ppp forgiveness module.

All employers should evaluate if their company meets the safe harbor exemption requirements prior to completing their loan forgiveness application. Schedule a instructions p 5 3. Application instructions pp 1 2 2. Navigate to the schedule a worksheet at the top of the page.