It means you must report it as taxable income, on your tax return. For more specific advice, please clarify your situation (unemployment compensation is not usually reported as a "taxable grant").
MayaD
Expert Alumni
Feb 21, 2022 12:29:15 PM
Taxable grants (Box 6). Grants of $600 or more are reported in this box and include:
Grants for subsidized energy financing.
Grants for projects that produce or conserve energy.
Taxable grants administered by an Indian tribal government.