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Level 4
February 9, 2022
Question

Are these taxable? Federal & CA Credits to Businesses

  • February 9, 2022
  • 1 reply
  • 6 views

Are the following taxable? 

- Fed Cares Act Paycheck Protection

- CA Relief Program

 

If they are taxable, please let me know how to enter this for my client. 

This topic has been closed for replies.

1 reply

abctax55
Level 15
February 9, 2022

Maybe this will help you do some research, based on your client's specific situation:

https://gpwcpas.com/grant-credit-loan-and-other-relief-comparison-chart/

HumanKind... Be Both
MairofAuthor
Level 4
February 18, 2022

Thank you!!!