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.

My wife has a small business and received $1000 SBAD TREAS 310 Economic Injury Disaster Grant from the government. Does that need to be included in our taxable income?

 
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 Reply
MinhT1
Expert Alumni

My wife has a small business and received $1000 SBAD TREAS 310 Economic Injury Disaster Grant from the government. Does that need to be included in our taxable income?

No. The Economic Injury Disaster Loan (EIDL) is not taxable. It does not have to be reported as income on your wife's 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"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies