Can I do anything about a grant from the state of Oregon to pay for a new water well in a drought area. Is there anything I can do so it doesn't count as income.?

The grant was used in full to pay for the work done by the well driller and plumber.

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Q. Is there anything I can do so it doesn't count as income.?

A. No. All income is taxable, unless specifically exempt in the law. If you got a 1099-G for this grant, the IRS will be expecting to see it on your tax return.

My tax filing from w2 document is showing witholding of about 67K.But is off- Federal Income Tax: 57,241.06 Social Security Tax: 10,453.20 & Medicare Tax was: 5,047.80.

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Can I do anything about a grant from the state of Oregon to pay for a new water well in a drought area. Is there anything I can do so it doesn't count as income.?

Can I do anything about a grant from the state of Oregon to pay for a new water well in a drought area. Is there anything I can do so it doesn't count as income.?

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Can I do anything about a grant from the state of Oregon to pay for a new water well in a drought area. Is there anything I can do so it doesn't count as income.?

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Can I do anything about a grant from the state of Oregon to pay for a new water well in a drought area. Is there anything I can do so it doesn't count as income.?

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