Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Feb 7, 2024 12:32:39 AM

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.

0 1 91
1 Replies
Level 15
Feb 7, 2024 4:53:23 AM

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.