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January 28, 2022
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California Small Business COVID-19 Relief Grant

  • January 28, 2022
  • 1 reply
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I am a sole proprietor that received a California Small Business COVID-19 Relief Grant.  How do I enter this into TurboTax iPad?

 

I have read on blogs that it is taxable for Federal but not taxed in California.

Best answer by MAK70

You should receive a 1099-MISC from the state which you will includes as business income.  When you get to the state return, you will be able to subtract out the income- look for the screen below.  

 

1 reply

MAK70Answer
January 28, 2022

You should receive a 1099-MISC from the state which you will includes as business income.  When you get to the state return, you will be able to subtract out the income- look for the screen below.  

 

imgritzAuthor
January 28, 2022

You are amazing!  Thanks!