July 23, 2020
Which employees do I put on Table 1 and which employees do I put on Table 2 of the PPP Schedule A worksheet?
Posted by Armanino Financial Advisory Team
Only put on Table 1 those employees who, during every pay period in 2019, earned less than $100,000 at an annualized rate. Also list any employees hired during 2020 on Table 1 regardless of their compensation. All employees who earned more than $100,000 annualized in any pay period in 2019 go in Table 2.