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Daycare and Taxes>Stabilization Grant Question
tenderhearts 08:53 AM 11-03-2021
Hey Tom I am located in Oregon and I have a question. If we receive half of the grant in 2021 and the other half in 2022, do we claim the FULL amount in 2021 or only what we received this year and then the rest next year?

Thanks
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Blackcat31 04:40 PM 11-03-2021
Iím sure Tom will chime in but if it helps I am under the understanding that you claim money in the year it is received no matter what itís for.
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tenderhearts 05:02 PM 11-03-2021
Originally Posted by Blackcat31:
Iím sure Tom will chime in but if it helps I am under the understanding that you claim money in the year it is received no matter what itís for.
Thank you! That is my assumption as well but there has been something going around saying you claim it all the year you sign for the grant. But if we don't get all of it in 2021 that doesn't make sense. Hoping Tom chimes in too. I can't get on the new site so hopefully he still checks in here.
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284878 04:25 AM 11-15-2021
Originally Posted by tenderhearts:
Hey Tom I am located in Oregon and I have a question. If we receive half of the grant in 2021 and the other half in 2022, do we claim the FULL amount in 2021 or only what we received this year and then the rest next year?

Thanks
You only claim what you get this year.
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Tags:deduction - grants, grants
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