kabbabkkg
Level 3
‎03-11-2021 09:45 AM

I have client who received 1099-G from the Department of Agriculture where he had received COVID - 19 payments.  This is how it reads:

CFP- Cares- COVID-19               17,011.80

CFAP2 - CCC- COVID-19              7,095.44

This is a total  of 24,107.24.  Is the whole amount taxable or just the 17,011.80.  I have read the instructions for the Sch F for Line 4 a and b but still what to make sure that it is all taxable.

Thanks

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taxiowa
Level 9
Level 9
‎03-11-2021 10:51 AM

Yes.  All income.

qbteachmt
Level 15
‎03-11-2021 11:22 AM

Farmers Tax Guide:

What's New for 2020

The following items highlight a number of administrative and tax law changes for 2020. They are discussed in more detail throughout the publication.

Coronavirus Food Assistance Program (CFAP). The CFAP provides direct payments to producers of eligible agricultural commodities adversely affected by the conronavirus (COVID-19) pandemic to help offset sales losses and increased marketing costs associated with the COVID-19 pandemic.CFAP payments are agricultural program payments that you must include in gross income. Report the full amount of your CFAP payments on Schedule F (Form 1040), lines 4a and 4b. See the Instructions for Schedule F (Form 1040).

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kabbabkkg
Level 3
‎03-13-2021 05:37 AM

Thank you for the answers I was sure that it was all taxable but wanted to have it confirmed.  

Thanks

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Roland1969
Level 1
‎03-21-2022 08:05 PM

So it is taxable income?

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qbteachmt
Level 15
‎03-22-2022 10:57 AM

@Roland1969 

In the replies here:

"CFAP payments are agricultural program payments that you must include in gross income."

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Don't yell at us; we're volunteers