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CA Covid Relief Grant - How to record

MK503
Level 1

Hi, Can anyone help me figure out how to record the CA Small Business Covid-19 Relief Grants in S Corp module for Lacerte? They  are not taxable to CA, but are taxable at federal level, how are folks posting this in Lacerte to both decrease taxable CA income and not get a CA bal sheet out of balance diagnostic? Thank you!

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1 Comment 1
qbteachmt
Level 15

Here is your Help article:

https://proconnect.intuit.com/community/diagnostics/help/how-to-apply-california-ppp-and-eidl-confor...

 

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