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Get your taxes done using TurboTax
This is from the CA FTB:
Does California follow the exclusion from gross income for Economic Injury Disaster Loan (EIDL) grants forgiven pursuant to the CARES Act or targeted EIDL advances and Shuttered Venue Operator (SVO) grants under the CAA?
Yes, for taxable years beginning on or after January 1, 2019, gross income does not include any EIDL grants under the CARES Act or targeted EIDL advances or SVO grants under the CAA.
‎August 31, 2022
7:59 PM