qbteachmt
Level 15
02-09-2022
01:52 PM
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It's Business Income. It's not treated any differently (with those exceptions you would need to research, as noted). They got it because they are in business, and for being in business, and for the same reason as if they did that business.
For example, Shuttered Venue Grants were allowed, but not issued, in 2020. They are not taxable.
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Don't yell at us; we're volunteers