qbteachmt
Level 15

@bd3 

You replied about the link problem in this other topic, as well:

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/mn-grant-for-child-care...

And I answered you there (which is why making multiple posts on the same issue also makes it a bit harder for peer volunteers to follow you):

"The 1099G is issued to the company EIN."

Yes; these are Business Grants. Unless that specific grant is specifically named in some law that exempts it, it is Business income and subject to tax reporting the same as any other business income.

"Agree that the link does not work from the 1099G worksheet to the Schedule C."

And you don't try to Link it. Informational Reporting of business income can include 1099-G and 1099-NEC, neither form is entered into your business tax return, but Both of which are a part of the business income to be reported for that business.

The same thing applies even if there was never a 1099 issued at all. You still report all Business income for the business return.

 

 

"Can't help the fact the 1099G for the grant has now been issued under the EIN. "

That's not Wrong. It is a Business Grant.

 

You can do the research and follow the links, starting with the IRS link I first provided in this topic. It explains that the Grants from CARES, given to Counties and other local entities, passed from there to businesses, are Taxable for Fed purposes, with only a few exclusions which are specifically stated. For instance, Food Banks and Shuttered Venues. And your State might have different treatment. Especially this late in the year, Nonconformity has become a moving target.

From the perspective of the Software, stop trying to link box 6. The program offers no such link, last we saw. You don't need to even input that 1099-G.

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