Are state business grants taxable?

Answer Some business grants are taxable and some are not taxable. It really depends on state rules regarding the grants and how the federal government defines the granting body and purpose of the state's ... Read More »

Top Q&A For: Are state business grants taxable

State of Florida Small Business Grants?

Small Business grants in Florida are available to serve a variety of needs. Eligibility for funding varies according to the demands of each granting organization. Most of the available funding in t... Read More »

Are college grants taxable?

If you are a college student working towards a degree, any grant funds not used for tuition, fees, books or supplies must be included as income that is taxable. If you are not working towards a deg... Read More »

Are government grants taxable?

Whether or not a grant is taxable depends on the type of grant. Disaster relief grants are not taxable. Scholarship money and fellowship grant money may be exempt if the grant money is used to pay ... Read More »

Are student grants taxable?

It depends. Usually, any amount used from a grant for tuition, fees, books, supplies and equipment is not taxable. Anything not related to these fees that a grant pays for can be taxed.References:I... Read More »