Posted 6/10/2020 07:08 (#8306955 - in reply to #8306370) Subject: RE: Pres Trump signs amendments to PPP
North Central Illinois
Yes their is an option to use schedule F income as the basis for an application. If you prepaid enough expenses to lower your income to nothing tax purposes or had a really bad year and lost money, I don't believe you qualify but not positive. I'm pretty sure you either have to have employees or Schedule F income.