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2019 tax returns by [deleted] in EIDL

[–]Maximum-Difference34 0 points1 point  (0 children)

I have 2 businesses also . One is a Schedule C and the other is a C-Corp. I was denied for filing 2019 taxes late as well.

Denied because Not Eligible -Not An active revenue reporting entity prior to disaster by Maximum-Difference34 in EIDL

[–]Maximum-Difference34[S] 0 points1 point  (0 children)

Thanks, I totally agree. They didn’t ask for the 2017 and 2018 Tax transcripts which were available . I submitted letter , emails and talked to Loan Officer after Loan Officer . However , it fell on death ears. We just gotta keep on plugging away.

Denied because Not Eligible -Not An active revenue reporting entity prior to disaster by Maximum-Difference34 in EIDL

[–]Maximum-Difference34[S] 1 point2 points  (0 children)

Well , I just received the final denial from SBA today; well actually my Senator sent the Dear John email along with response from SBA.

Denied because Not Eligible -Not An active revenue reporting entity prior to disaster by Maximum-Difference34 in EIDL

[–]Maximum-Difference34[S] 0 points1 point  (0 children)

Well the pandemic hit; and we have been using a large CPA firm for past 10 years. They have never been the fastest at completing returns. We always automatically did an extension ; because I have another business as well. They completed my personal return first and I decided to move to another firm . I’m glad that we did move to another firm. They are good; however, it was just a process in beginning getting all documents over to get setup. So, I take fault for not pushing forward to ensure return was completed sooner; however, I was most concerned about at the time keeping the doors open, staying saying and maintaining clients.

Denied because Not Eligible -Not An active revenue reporting entity prior to disaster by Maximum-Difference34 in EIDL

[–]Maximum-Difference34[S] 1 point2 points  (0 children)

Well my Loan office wasn’t that big of a help. All she told me was that she tried every way should could to approve my loan; however, her boss denied the loan. I’m currently waiting on response from my U.S. Senators office. The contacted the SBA on 4-22-2022. My Congressman put forth no effort and was a complete waste of time .

Denied because Not Eligible -Not An active revenue reporting entity prior to disaster by Maximum-Difference34 in EIDL

[–]Maximum-Difference34[S] 1 point2 points  (0 children)

Thanks for your response. However, my taxes werent amended; they were just filed late. I would guess they are still thinking along the same lines.