A Form 1099-NEC is issued to report Non-Employee Compensation. Although you may not consider yourself a "business", the IRS considers anything reported on a form 1099-NEC to be self-employment income. Grants are generally considered to be business income, not personal income.
Therefore, you will have to report the amount on a Form Schedule C (Profit or Loss From Business).
You can deduct any expenses related to your grant activities for which you received the 1099-NEC for. These expenses can be deducted on your Schedule C.
Click here to find out more information about this in the TurboTax article: How to File Taxes with IRS Form 1099-NEC.
Click here for IRS information on Grants to Individuals.
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