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Business & farm
The taxable grants can be entered as other taxable income
Verify the recipient taxpayer identification number on the unemployment compensation Form 1099-G.
It isn't appropriate for an S-Corporation to receive unemployment compensation.
It may be prudent to contact the state unemployment agency to verify this form's accuracy.
If there is only one member for this S-Corporation, you can enter the unemployment compensation the same way as you entered the taxable grant.
March 7, 2021
10:41 AM