cares act funding/grants

[rocky506]

Hi, I received a grant from health provider cares act funding, is it taxable ? How should i report it on my tax return? I did not receive 1099G, thanks, Pio

[MinhT1]

The Provide Relief payments are taxable and must be reported on your tax return.

Please read this IRS document for more information.

You need to report this income as Other Reportable Income.

In TurboTax, open your return and follow these steps:

• Click on Federal in the left-hand column, then on Wages and Income on top of the screen
• Scroll down to All Income, locate the Less Common Income section
• Click Show more and click Start next to Miscellaneous Income at the bottom
• On the next page, click Start next to Other Reportable Income.