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Business & farm
No, this will not be an issue with the IRS as long as you report the amount of the grant as income received whether that is taxable or non-taxable income. You do not have to enter the amount as a 1099-G, as long as the amount received is accurate..
If you are not sure exactly how much you received, check your bank records, or check with the agency that gave you the grant.
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‎February 9, 2022
1:22 PM