Owner Employee Salary Calculations for PPP Forgiveness

  • 2.5/12 (20.83%) of 2019 Net Income
  • $20,833 (if 24 weeks; $15,385 if 8 weeks)
  • 2.5/12 (20.83%) of 2019 Earnings from self-employment
  • $20,833 (if 24 weeks; $15,385 if 8 weeks)
  • 2.5/12 (20.83%) of 2019
  • Cash Compensation
  • Retirement contributions paid by employer
  • Health insurance premiums paid by employer
  • $20,833 (if 24 weeks; $15,385 if 8 weeks)
  • 2.5/12 (20.83%) of 2019
  • Cash Compensation
  • Retirement contributions paid by employer
  • $20,833 (if 24 weeks; $15,385 if 8 weeks)

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