Thread: Grant Question
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Cat Herder 12:13 PM 12-14-2020
I have a grant question. I saw no need to start yet another grant thread.

I received a grant for the purchase of COVID supplies from licensing.

I have received conflicting information from them about how to record them for taxes. Two different people at the state.

1. "These emergency financial aid grants qualify for tax-free treatment."

2. "This grant will probably need to be included in taxable income."

Thoughts?
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