Taxpayer received form 1099-G from Governor's Office of Business and Econ. Box 6 Taxable Grants has $15,000. It is a small business covid relief grant. Lacerte has a entry on screen 14.2 and you can enter -1 for California so it is taxed federal but not CA. Is this the proper entry screen or should the income go on schedule C subject to self employment tax, etc?
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Here's the Help article:
It's a business grant, which makes it business income, the same as if they had done that business.
This is the reference I use:
https://gpwcpas.com/grant-credit-loan-and-other-relief-comparison-chart/
Here's the Help article:
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