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Level 1
February 1, 2022
Question

CA Covid Relief Grant - How to record

  • February 1, 2022
  • 1 reply
  • 6 views

Hi, Can anyone help me figure out how to record the CA Small Business Covid-19 Relief Grants in S Corp module for Lacerte? They  are not taxable to CA, but are taxable at federal level, how are folks posting this in Lacerte to both decrease taxable CA income and not get a CA bal sheet out of balance diagnostic? Thank you!

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1 reply

qbteachmt
Level 15
February 1, 2022