I've been through this recently too - If the grant is a business grant then the income should be treated as business income. Look on the 1099 as one indication ...
Thank you very much for the reply. I’m not sure I understand what you mean by “the share contributed by the employees though the section 125 plan”. Would this b...
While I do very much appreciate it, the suggestion to report the 1099-G income within the Schedule F under "Other Farm Income" doesn't appear to be allowed by t...
Diane,You wrote:"1.Enter the full amount of the grant money by selecting Cash..... and directly entering the income from the Form 1099-G. It is not a requiremen...
Diane, I really appreciate your detailed response. I will look at your suggestions in detail tonight, and may post back if I have follow up questions. I probabl...
