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proving loss
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vickruse
Posted 2/11/2021 07:26 (#8823631)
Subject: proving loss



SE Iowa
With all the money thrown out with CFAP, how would most anyone qualify for second draw when showing a 25% loss for a quarter in 2020 versus a quarter in 2019? I don't see many qualifying unless a fraudulent claim is filed. I did file for first draw in January of this year on my S-corp for my wages I paid myself and will be donating the money to church. Had not planned to file but after looking online at last years county list of payments, I changed my mind. My church took a real hit on contributions year over year and thought that would help out some. But no way do I qualify for second draw.
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