JeffreyR77
Expert Alumni

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.