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California Grant Relief Program

Juan Carlos
Level 1

The California Grant Relief Program is taxable for federal purposes but NON-taxable for California purposes (Executive Order No. E 20/21-182). Businesses were given anywhere from $5,000 to $25,000.

Wondering if someone can guide me as to how to properly report it on Form 100S (California "S" Corporation).

Thank you so much!

Juan Carlos

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