Do business grants count as income? I receive a couple of state and county grants as Covid relief, and I'm wondering if they are taxable.

rubalicious · ‎January 27, 2021

AlanT222 · ‎January 28, 2021

For the best answer to your question, check with the organization that issued your grant.

Generally, grants are included as taxable income. However, you may have received a grant that qualifies for exclusion.

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AlanT222 · ‎January 28, 2021

For the best answer to your question, check with the organization that issued your grant.

Generally, grants are included as taxable income. However, you may have received a grant that qualifies for exclusion.

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

Do you have an Intuit account?