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Self Employed Business Grant
I am self-employed and I also received a small business grant from the county I live in last year. They sent me a 1099-MISC to report. It took me a while to find out that I don't add that as extra self-employment income, but rather in the dedicated 1099-MISC spot. What is confusing me, is in both sections (self-employed and then in the 1099 misc) it asked me to seek out deductions. So it seems I've added those twice which doesn't seem to make a lot of sense to me. I just want to make sure I'm entering everything into its proper place and not "double dipping" if that makes sense on the deductions. Don't want to have issues on down the line because I entered it all wrong.... but I will say I was just being guided by Turbo Tax online so maybe I did do it correctly?? It also doesn't look like it's added in my total gross income which I thought it would be. TIA for advice/help.