July 23, 2020
Our Covered Period began on April 16. We paid our April employer health insurance costs with a check that cleared the bank on April 23, but the check was dated on April 15 and mailed on April 16. Can we include this payment in our forgivable expenses?
Posted by Armanino Financial Advisory Team
You are allowed to take the portion of the insurance costs that relate to the Covered Period, meaning from April 16-30.