About etolnz

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Solved Re: Is the EIDL Advance (grant) considered taxable income?

The advance is not a loan since repayment is not required.

etolnz

Updated Aug 31, 2022
Solved Re: Is the EIDL Advance (grant) considered taxable income?

Since it does not need to be repaid, it is no longer a loan. It became a grant.

etolnz

Updated Aug 31, 2022
Solved That is clearly incorrect. IRS Pub 4345 states: "If you...

That is clearly incorrect.IRS Pub 4345 states:"If you receive a settlement for personal physical injuries or physical sickness and did not take an itemized dedu...

etolnz

Updated May 31, 2019

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