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