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Level 1
February 12, 2022
Question

Is CA Grants for $15,000 taxable to Fed and State?

  • February 12, 2022
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2 replies

Just-Lisa-Now-
Intuit Community Champion
February 12, 2022

If you google this question, you should find your answer

california relief grant money taxable?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
qbteachmt
Level 15
February 12, 2022

Bookmark and use this:

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

Although it has not been updated for the recent SVOG change.

Unless it meets one of the exceptions (HVAC improvement, PPE, Food Bank) it is treated as ordinary business income for CA (not taxable for Fed, as noted) and you don't need to enter it as 1099-G at all.

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