turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Do I have to report money on my taxes I recieved from FEMA in 2016? I did not recieve any forms to file.

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
JohnR1
New Member

Do I have to report money on my taxes I recieved from FEMA in 2016? I did not recieve any forms to file.

No - FEMA assistance is not taxable income, and does not affect benefits from any other federal program.  There is no reporting requirement.

FEMA grants for rent, essential home repairs, personal property losses and other serious disaster-related needs not covered by insurance do not count as income.

For more information, please see the following IRS webpage with FAQs for Disaster Victims about FEMA mitigation payments:

https://www.irs.gov/businesses/small-businesses-self-employed/faqs-for-disaster-victims-mitigation-p....

View solution in original post

1 Reply
JohnR1
New Member

Do I have to report money on my taxes I recieved from FEMA in 2016? I did not recieve any forms to file.

No - FEMA assistance is not taxable income, and does not affect benefits from any other federal program.  There is no reporting requirement.

FEMA grants for rent, essential home repairs, personal property losses and other serious disaster-related needs not covered by insurance do not count as income.

For more information, please see the following IRS webpage with FAQs for Disaster Victims about FEMA mitigation payments:

https://www.irs.gov/businesses/small-businesses-self-employed/faqs-for-disaster-victims-mitigation-p....

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies