The CARES Act allows an exclusion from gross income for emergency financial aid grants. California does not conform to this federal provision. do I claim this for school

Forum|Forum|4 years ago
February 10, 2022
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In the state section, it says to enter the amount. Im confused. This is for my son who is our dependent and he received it from his college. I never received a tax form since the IRS doesn't require it on the federal level.

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If you did not include the amounts on your federal return (and you as the parent would not have even if you claimed him as a dependent), you would not have to make any adjustment. Also, if your son filed a return, he may have to include the adjustment on his California return.

More than $18 billion was recently provided for COVID-19 emergency grants to current college or career school students. If your school participates in the federal student aid programs, you may be eligible to receive emergency grants for expenses related to the disruption of campus operations due to coronavirus. The grants can help cover eligible expenses such as food, housing, course materials, technology, health care, and child care.