jesdq1
Level 4
03-03-2021
07:58 PM
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After reading the help from qbteachmt, I concluded that this grant money is like a sale coming in from the retail business and cannot be defined as "other income" since the intent of the covid relief is to offset expenses related to covid . So, if the grant exceeds the covid ralated expenses, it should be subject to SE tax. Thanks for all your help