jwlamp
New Member

California EBB grant program tax implications

I received $3,000 grant from the California EBB program towards an foundation retrofit on my primary residence (and paid the remaining $1,500 out of pocket).

 

I haven't received any tax forms from the program indicating I would need to report this as federal income, but when completing my state return, there is an "Incentives for Seismic Retrofit" section that states: These include loan forgiveness, grants, credits, rebates, vouchers or other financial incentives you received from the California Residential Mitigation Program or California Earthquake Authority to assist with earthquake loss mitigation that you reported as income on your federal return.

 

I'm confused by this and unclear how I should proceed.