Juan Carlos
Level 1
02-01-2022
01:16 AM
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The California Grant Relief Program is taxable for federal purposes but NON-taxable for California purposes (Executive Order No. E 20/21-182). Businesses were given anywhere from $5,000 to $25,000.
Wondering if someone can guide me as to how to properly report it on Form 100S (California "S" Corporation).
Thank you so much!
Juan Carlos
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