California Relief Grant - Spidell

California Relief Grant

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Message Board California Relief Grant

  • This topic has 0 replies, 1 voice, and was last updated 3 days, 3 hours ago by Kristin Nevills.
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    • #331580
      Kristin Nevills

      Looks like the California Relief Grant is taxable on the Federal return but non taxable on CA return.

      1.  Does the taxpayer get CA basis for the Grant income
      2. How is this reported on the 1120S? – Lacerte says that the additional Grant money is reported on page 3 line one and NOT included on page 1.
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