Gildardo
Level 3

California COVID-19 Relief Grant FEDERAL Tax Return:

Are you entering the grant amount on Schedule C as Business Income subject to SE tax?

Or,

Are you entering the grant amount on Other Income Statement Line 24b Other Taxable Income?

 

I have seen it both ways but got confused with the worksheet on the CALIFORNIA Tax Return that does the adjustment as Other Taxable Income only.

Thank you.

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