Langreck
Level 1
08-24-2022
03:22 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The Spidell presenter, Sandy Weiner, stated the following:
Yes the ERC is considered tax-exempt income on the CA return, which would increase CA basis.
So why is GPW stating the refund is taxable in California?
https://gpwcpas.com/grant-credit-loan-and-other-relief-comparison-chart/