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Brian Michels
Brian Michels,
Category: Tax
Satisfied Customers: 141
Experience:  Partner at Michels & Hanley CPAs, LLP
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Is a disaster grant awarded by FEMA taxable? Received a

Customer Question

Is a disaster grant awarded by FEMA taxable?
JA: The Accountant will know how to help. Please tell me more, so we can help you best.
Customer: Received a grant from FEMA for loss of car for $5,224.25. Is this taxable?
JA: Is there anything else important you think the Accountant should know?
Customer: No.
Submitted: 1 month ago.
Category: Tax
Expert:  Brian Michels replied 1 month ago.

Hello. My name is ***** ***** I'll be the Expert assisting you today. I look forward to helping you with your issue. FEMA assistance is not taxable. You do not need to include this as income on your tax return.

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