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Question
PPP
Asked a question 3 months ago

For PPP: As a single member LLC (with no employees) taxed as Sole Prop. Can I pay myself with an owner's draw (NOT as a w-2 payroll payment) from the PPP funds and have that count as a forgivable "payroll" expense?

Where am I?

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Rishi Khan
CEO Extreme Scale Solutions

Yes. Because you are taxed 100% as income, this counts.