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Hi, i do not understand California Venues Grant/Small Business COVID-19 relief grant program. my form is telling me to revisit and I cannot proceed. what do i enter? 0?

Forum|Forum|3 years ago
February 14, 2023
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I seem to be stuck on the Business Section of "here's the income that California handles differently, under the "Business Section". There are que boxes telling me to "revisit" for California Venues Grant and Small Business COVID-19 Relief Grant Program. What do i enter to proceed because Turbo tax is not allowing me to proceed unless I enter something.

TurboTax Deluxe Online

Best answer by SantinoD

California law allows an exclusion from CA gross income for grant allocations received from the Ca Venue grant program. Since Federal law doesn't have this same exclusion, an adjustment needs to be made on the CA state tax return so you are not taxed on this money received.

As you are going through the interview questions in the CA state tax return, one of the questions will look like the screenshot below. This is where you would enter the amount you received for the CA Venues Grant.

SantinoDAnswer

California law allows an exclusion from CA gross income for grant allocations received from the Ca Venue grant program. Since Federal law doesn't have this same exclusion, an adjustment needs to be made on the CA state tax return so you are not taxed on this money received.

As you are going through the interview questions in the CA state tax return, one of the questions will look like the screenshot below. This is where you would enter the amount you received for the CA Venues Grant.

B

bgunnieAuthor

Hello there,

Thank you for responding. Where do i find "the amount you received for the CA Venues Grant"? Is there a form for this? One thing i did receive was a 1099-MISC and it is from the State of California Franchise Tax board. In block 3 "Other Income" there is a specified amount but it does not say if it is CA Venues Grant. Is this what this is? Apparently, there is no way for me to upload a photo to show you. Thank you for whatever assistance you may be able to provide.

BG

SantinoD

To clarify, you did receive the California Venues Grant correct?

If yes, then you can request the Form 1099-MISC here: California Venues Grant Program this is the form you will need to report the amount on that line.