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1099-G for Covid relief grand to my business

I got a 1099-G for the taxable grant (box 6) as Covid relief grant to my business for year of 2022.  I can't find 1099-G input at Schedule C. Should I enter the amount at "other income" in the page of "Enter other income that's not on a 1099-NEC or a 1099-MISC ?

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1 Best answer

Accepted Solutions
DawnC
Employee Tax Expert

1099-G for Covid relief grand to my business

There is a place to enter Other 1099-G income.  It is listed under Other Common Income.   Click Start/Update next to Other 1099-G Income and enter the information from your form.  You will be asked what type of payment you received.  Select Taxable grant (first item on the list).   The next screen will ask for the payer's information and there is a place to enter the amount from Box 6.  It is taxable and will go on your tax return, but it is not subject to self-employment tax, so it won't be on your Schedule C.  

 

 

  

 

 

 

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1 Reply
DawnC
Employee Tax Expert

1099-G for Covid relief grand to my business

There is a place to enter Other 1099-G income.  It is listed under Other Common Income.   Click Start/Update next to Other 1099-G Income and enter the information from your form.  You will be asked what type of payment you received.  Select Taxable grant (first item on the list).   The next screen will ask for the payer's information and there is a place to enter the amount from Box 6.  It is taxable and will go on your tax return, but it is not subject to self-employment tax, so it won't be on your Schedule C.  

 

 

  

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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