Reporting 1099-G Box 6 income for an LLC

[terrysoasis1]

Our business, a multi-partner LLC, received two $10K grants during 2020 to help stave off financial effects of the pandemic.  We received a 1099G from each entity but I don't know where to enter that income in TT.  

[MaryM428]

Look at your 1099-G in box 6.  If there is an amount in box 6, then that amount is taxable.

To enter the taxable grant into TurboTax

1. Federal
2. Wages and Income
3. Other Common Income
4. Other 1099-G Income
5. Yes, I received a 1099-G for government payments
6. Continue and enter your 1099-G information.

[acornridgeman]

I have a similar 1099-G for a $2500 grant - box 6 taxable income. It was paid to my business using the EIN tax payer ID, not my SSN. Using TurboTax Business, where can I enter a 1099-G ?

The only place I see on the Federal income page is the "Other Income" / "All Other Income" - but this does not mention putting a 1099 there. 

[JeffreyR77 · Accepted solution]

Yes, you can enter your 1099-G paid to your business there.

[acornridgeman]

THANK YOU

[legacydesignsstudio]

My LLC received a 1099-G for income we did not receive. The business is also now closed. How do I dispute this if I am not filing taxes? The business was closed. We did not receive any monies