- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
It is NOT taxable income. Yes, you need to enter it as tax-exempt income [edited].
If you file a Balance Sheet for a corporation or partnership, it would be on there. However, corporations and partnerships are really NOT a do-it-yourself project, and you really need to be going to a tax professional.
‎January 12, 2021
8:33 AM
13,272 Views