The payment is taxed as regular income, but it is not subject to self-employment income.
Another way to report this income without having to chose Farm or Farm Retail at the end is to enter this in Miscellaneous Income.
In either TurboTax CD/Desktop or TurboTax Online:
- Go to Less Common Income
- Choose Miscellaneous Income, 1099-A, 1099-C, Start
- Select Other reportable income and then Start
- Other Taxable Income, Enter Description "1099-G Seafood Tariff Relief Payment and amount
The grant payment is entered as regular income that it not self-employment income.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
