If a business has more than one owner, will each owner receive the grant? The denial letter provides the reason you were denied a grant payment. If I made a mistake on my Phase 2 application or forgot to include an attachment, how can I correct it? How do I determine if Im subject to North Carolina income tax under Article 4 of Chapter 105 of the North Carolina General Statutes? If your business has additional gross receipts that were not reported on Form E-500 or federal Form 1065, then you may have been eligible to apply for an additional grant payment. For a complete list of business sectors and more information, visit the NAICS website. North Carolina gets $800 million in federal American Rescue Plan Act money to give stabilization grants to childcare centers and programs amid COVID-19 pandemic. In addition, check to see if the number of qualifying children you reported on line 10a was greater than zero. I received my grant check. You could not apply for an additional grant in Phase 2. No, this is not a new grant program. For questions about any of the grant programs listed herein, contact the agency that oversees that program. Coronavirus Relief Fund Application of the Single Audit Act to Alaska Native Corporations (7/5/2022) Coronavirus Relief Fund Tribal Extension Notice (12/23/2022) The date for use of funds was extended from December 30, 2020 to December 31, 2021, by section 1001 of Division N of the Consolidated Appropriations Act, 2021, Pub. The business is a taxpayer subject to income tax under Article 4 of Chapter 105 of the North Carolina General Statutes. When is the last day I could have submitted my Business Recovery Grant Program application for Phase 2 and be eligible to receive the grant? Cleaning and disinfection, in accordance with CDC guidance or that of an appropriate Public Health official available at the time the work was completed, including the purchase and provision of necessary supplies andequipment in excess of the Applicants regularly budgeted costs. The business has gross receipts that were not reported on Form E-500. An official website of the State of North Carolina, Governor Cooper Encourages Eligible Businesses to Apply for Business Recovery Grant Program, Sign Up Here for Engagement Programs and Updates. PO Box 871 While checks list the State Treasurer on them, the Department of State Treasurer cannot cash or assist with the checks. I have misplaced my Form-1099-G with a Line 3 Grant. What is the difference between the Business Recovery Grant Program and a federal stimulus check I received from a federal government program? The grant amount on Line 3 consists of the grant payments you received from the Business Recovery Grant Program during the year. 11. Attn: Financial Services: Chief Financial Officer In general, a child qualifies you for the federal child tax credit if the child meets all of the following conditions: For more information, see Internal Revenue Code Section 24 or federal Publication 972, Child tax Credit and Credit for Other Dependent. 5. To qualify for the grant, a child must be under the age of 17 (16 or younger) at the end of 2019. 8. You should consult federal law to determine if you are required to file an amended federal income tax return. For more information on what is considered other COVID-19 relief, go to Section III, Question 2 of this webpage. Could I apply for an additional grant based on these understated gross receipts? The benefits will include a one-time wage replacement set at $400 per person, or $800 if the person in isolation has a dependent. The program reimburses New York small businesses with grants of up to $50,000 for COVID-related expenses incurred between March 1, 2020 and April 1, 2021. I engage in roles as: -An assistant professor in the Kinesiology Program (Physical Education Program at hire) - 2017 to present -A program coordinator for Kinesiology, Health, Physical Education . 7. The grant amount is $335.00 total for each eligible individual, even if the individual has two or more qualifying children. What business industries are classified in the 71 and 72 NAICS code? My business received a grant in Phase 1. To qualify for a hospitality grant, you must meet all of the following conditions: Your business was classified in NAICS Code 71 or 72 from March 1, 2019 through February 28, 2021. Under North Carolina law, the Departments determination is final. Whether a grant amount is included in federal gross income is determined under federal law. While checks list the State Treasurer on them, the Department of State Treasurer cannot cash or assist with the checks. You were not eligible for the grant payment because you failed to meet at least one of the following requirements: 1. On Sept. 29, 2022, the N.C. Department of Revenue (NCDOR) mailed checks to more than 3,900 North Carolina businesses awarded grants during Phase 2 of the Business Recovery Grant Program. 3. The program will issue a payment to an eligible North Carolina business that felt an economic loss of at least 20% during the COVID-19 pandemic. If you did not indicate that you, or your spouse if filing a joint return, were full-time NC residents, youmust file an amended 2019 Form D-400 to correct the information. Acquisition and installation of temporary physical barriers, such as plexiglass barriers and screens/dividers, and signage to support social distancing, such as floor decals. 6. If you have not yet received a check or denial letter, please contact the Department at 1-877-252-4983. The state grant check is not a refund of state income tax. Your economic loss is determined based on the amount your gross receipts in North Carolina were reduced from the period March 1, 2019 through February 29, 2020 (Pre-COVID Period) to the period March 1, 2020 through February 28, 2021 (COVID Period). You have 90 days from the date the check was written to deposit the check. Secure websites use HTTPS certificates. Underlegislationsigned into law May 24, 2021, individuals who missed the original Extra Credit grant deadline may be eligible to receive the $335 grant payment. What is the NAICS code and where can I locate my businesss NAICS code? If you did not receive a federal child tax credit for calendar year 2019 because the federal tax credit was eliminated under federal law, you are not eligible for the grant. 5. 14. In response to the continued impact of COVID-19 on students and families, the President Signed the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA) on December 27, 2020. . Extra credit grant checks may be stamped 'validated for payment if presented to State Treasurer'. On March 11, 2022, the law was changed to authorize a second phase of applications (Phase 2). You can. In calculating North Carolina taxable income, you may deduct the amount of the grant if the grant is included in federal adjusted gross income. It depends. The application will be posted on this website as soon as possible. COVID-19 Capital Costs Tax Credit Program $250 million in tax credits to provide financial assistance to New York State small businesses burdened with a range of operational costs stemming from the COVID-19 pandemic, from structural changes and building upgrades to health-related supplies and materials. For more information, see federal Publication 972, Child Tax Credit and Credit for Other Dependents. The application window was Jan. 31 - May 4, 2022. If you were awarded a hospitality grant (business classified in NAICS code 71 or 72) please click here for more information. 2. On October 5, 2022, the Department mailed letters to applicants that were not approved. Note: Eligible gross receipts not reported on Form E-500 could only be included on the application for the entity filing the income tax return and cannot be included on applications for two different legal entities. 5. Who will the grant check be made payable to? Submit documentation to complete the registration process, Management control and reduction of immediate threats to public safety, Disinfection of eligible public facilities, Technical assistance to state, tribal, territorial, or local governments on emergency and management and control of immediate threats to public health and safety, Non-deferrable medical treatment of infected persons in a shelter or temporary medical facility, Temporary medical facilities and/or enhanced medical/hospital capacity (for treatment when existing facilities are reasonably forecasted to become overloaded in the near term and cannot accommodate the patient overload or to quarantine potentially infected persons). Friday, May 20, 2022 - 00:00 RETOOLNC Grant Program Relaunches for Third Round of Funding June 1st All NC HUB certified firms interested in applying are encouraged to attend Q&A webinar May 26 . About Eligibility Application Payments FAQs An official website of the State of North Carolina, Extension for Filing Individual Income Tax Return, Individual Estimated Income Tax-Form NC-40, Sales and Use Electronic Data Interchange (EDI), Electronic Filing Options and Requirements, Frequently Asked Questions About Traditional and Web Fill-In Forms, Authorization for Bank Draft Installment Agreement, Updated Individual Income Tax Adjustment Notice, Attachment and Garnishment Employer Copy, Attachment and Garnishment Taxpayer Copy, Confirmation of Installment Payment Agreement, Notice of Collection Amount Shown Due But Not Paid In Full, Notice of Individual Income Tax Assessment, Climate Change & Clean Energy: Plans & Progress. 6. You have 180 days from the date the check was written to deposit the check. Even if you are not sure which expenses will be eligible for reimbursement, it is important to start documenting all of your COVID-19 expenses now so that you will be prepared to submit them for reimbursement after you have completed the registration process. Eligibility Conditions Required to Receive an Automatic Grant Award. Raleigh, NC 27602. If you meet all eligibility requirements, you could have applied for a grant. The Rescue Emergency Grant Application has closed for the Fall 2021 semester. Applications submitted electronically, faxed, mailed to the designated address, or delivered to a Department service center must have been received by the Department on or before June 1, 2022. Learn more about SVOG Restaurant Revitalization Fund Funding for eligible restaurants, bars, and other food service businesses. Note: If you have eligible costs for this COVID-19 event, or believe you will have eligible costs, you should submit an RPA. . No. Report at least one qualifying child on Line 10a of Form D-400 for calendar year 2019. Am I eligible for a grant? Launched on December 16, 2021, the Business Recovery Grant Program will issue a one-time payment to eligible North Carolina businesses that experienced an economic loss due to COVID-19. I did not receive a grant award from the Business Recovery Grant Program. State Government websites value user privacy. No. COVID-19 relief legislation originally suspended the sequestration payment adjustment of 2% from May 1, 2020 through December 31, 2021. In addition, all grant funds have been distributed to eligible applicants. The child did not provide over half of his or her own support for 2019. A lock icon or https:// means youve safely connected to the official website. This determination is based on federal law. If the business did not report gross receipts on line 1 of Form E-500, it may substitute the sum of the receipts listed on lines 4 through 8 of Form E-500 in place of gross receipts listed on line 1 of Form E-500; Gross receipts that meet all of the following criteria: The gross receipts were not reported on Form E-500. . 24. These funds are to be used to help Raleigh residents affected by COVID-19 for help with rent payments and mortgage payments. COVID Higher Education Emergency Relief III - Rescue Emergency Grants. The Internal Revenue Service also provides an Interactive Tax Assistant tool Is My Child a Qualifying Child for the Child Tax Credit? This interactive tool may help you determine if your child is a qualifying child for purposes of the federal child tax credit for tax year 2019. The child is claimed as a dependent on your 2019 federal tax return if you are required to file a return. The IRS has advised the Department that payments from the Business Recovery Grant Program are subject to federal income tax and should be included in the businesss gross income or gross receipts. If you did not file a 2019 North Carolina Individual Income Tax Return, Form D-400, solely because your federal gross income (and your spouses federal gross income, if applicable) for 2019 did not exceed the States filing requirement for your filing status for 2019 (as printed on page 1, Part 2 of Form NC-1105), you may be eligible to receive an Extra Credit Grant payment under the extended Program if you meet all of the conditions of the Program and you apply for the grant using Form NC-1105 on or before July 1, 2021. Black, Hispanic, Asian-American or American Indian, Socially and Economically Disadvantaged person. State Government websites value user privacy. The supporting documentation must include the name, age, and social security number of each qualifying child for whom you were allowed a federal child tax credit for tax year 2019. If the grant is included in federal AGI or federal taxable income, North Carolina allows a deduction for the grant payment on the North Carolina income tax return. 3. Whichever parent or guardian has the authority to claim the child on their federal income tax return will have the authority to claim the child on the state income tax return and would be able to receive the grant. "All positive cases were mildly symptomatic or asymptomatic, and . The Business Recovery Grants and HUB certification process provide direct and immediate avenues to making a financial difference for those businesses. No. Since March 2020, under the COVID-19 Public Health . If you submitted an electronic application but do not see a confirmation email, then check your spam email inbox. The University of North CarolinaWilmington, for example, will begin distributing grants of $300 to $900 to eligible students who have completed the 2020-2021 FAFSA and have a family income of. Most Service Centers are now open to the public for walk-in traffic on a limited schedule. Anyone who does not qualify will receive a letter from the Department. Dissemination of information to the public to provide warnings and guidance about health and safety hazards. Allow two weeks to receive the form. In order to be eligible for the grant, individuals subject to North Carolina income tax for tax year 2019 were required to file a State tax return on or before October 15, 2020. You did not complete the application in its entirety. The current 2021-2022 funding round may award up to $350 million in federal ARPA funding. Am I eligible for another grant in Phase 2? A NAICS Code is a classification within the North American Industry Classification System adopted by the United States Office of Management and Budget. If you have further questions, review Article 4 in its entirety. File a complaint online with the OIG Here. Receiving the Business Recovery Grant. No. The Internal Revenue Service (IRS) requires government agencies to report to the IRS certain payments made during the year. An applicant must have a minimum of $3,300 of eligible costs (FFY2020) for FEMA to allow a project for cost reimbursement to be written as an emergency protective measure (or Category B work). For purposes of eligibility for the grant, spouses who filed a joint 2019 North Carolina individual income tax return are treated as one eligible individual. Small businesses are the backbone of our economy, said Governor Cooper. Can I provide the information to the Department and be awarded a grant? Screening and temperature scanning, including, but not limited to, the purchase and distribution of hand-held temperature measuring devices or temperature screening equipment. OT cannot be reimbursable because FEMA assistance has arrived, but regardless of whether FEMA assistance will arrive or not. My business started in June 2019 so I dont have gross receipts prior to that date. The business cannot be permanently closed at the time of the application. Updated payment information is available in the Payments tab. If you are a Historically Underutilized Business (HUB), there may be additional funding available for your business. The raw number of COVID-19 cases in North Carolina dropped to its lowest point since Wednesday, but the number remains 40 percent higher than one week ago. 1. Gross receipts not listed on the Form E-500s but reported on your federal Form 1120 or Form 1065, if applicable, must have been included in the calculation for the entity that files the income tax return provided the gross receipts are for transactions apportioned to the State. The payment is to help families with qualifying children in North Carolina by providing economic support to assist with virtual schooling and child-care costs during the COVID-19 pandemic. Search and rescue to locate and recover members of the population requiring assistance, Use or lease of temporary generators for facilities that provide essential community services, Purchase and distribution of facemask, including cloth face coverings and Personal Protective Equipment (PPE). A business is eligible for a grant in Phase 2 if it meets specific conditions. To learn more, view our full privacy policy. What is a Form 1099-G with a Line 3 Grant and why did I receive one from the North Carolina Department of Revenue? International Women's Media Foundation Accepting applications for grants up to $2,000 for women who identify journalists facing significant financial hardship, lost work, were recently laid off or who urgently need assistance due to the effect of COVID-19 You suffered an economic loss, as the term is defined for the Program, of at least 20%. It typically takes FEMA two to three weeks to review and email new organizations about their applications approval. However, I am the sole member of the LLCs and the entities are disregarded for federal income tax purposes. The following individuals with a qualifying child who was 16 or younger at the end of 2019 who have not already received the grant payment from the NC Department of Revenue may be eligible to receive the grant: No. 9. almost 27 billion was allocated through the COVID -19 Business Grants scheme to local authorities in England, which delivered over 4.5 million payments totalling 22.6 billion, to businesses. The Business Recovery Grant Program (the Program) provides a grant payment to aid eligible North Carolina businesses that suffered significant economic damage from the COVID-19 pandemic. On October 5, 2022, NCDOR mailed letters to applicants that were not approved. 1. On Form D-400, make the necessary changes to the original Form D-400 by showing the corrected number of qualifying children on Line 10a. Provide technical assistance to help applicants register in the FEMA Grants Portal and to submit their required documentation. 2. The CARES Act Higher Education Emergency Relief Fund (HEERF) has made funding available to institutions to provide emergency grants to eligible students related to the disruption of the delivery instructions (moving to an online method of instruction) due to the COVID-19 pandemic crisis. 22. The CARES Act Higher Education Emergency Relief Fund-IHE/Student Aid provides funding for institutions to award emergency financial aid grants to students who have been impacted by the COVID crisis. What should I do? Adding Personnel and Adjusting Roles in the FEMA Grants Portal - 3 min. The Department mailed paper checks to grant recipients using the mailing address provided by the applicant on the application. If you have not yet received a check or denial letter, please contact the Department at 1-877-252-4983. Section I: Eligibility and Qualification for the Business Recovery Grant Program, Section II: Completing the Application for the Business Recovery Grant Program, Section III. In addition, if you received a grant award of $500,000, then you are ineligible to receive a grant in Phase 2. This stamp revalidates the check date for payment or deposit and may be presented to any financial institution or to businesses that allow check cashing. The child is claimed as a dependent on your 2019 federal tax return. Click here to Watch the PA Applicant Briefing. Checks will be mailed to qualifying Extra Credit Grant recipients 2-4 weeks after the application is submitted. ARP American Rescue Plan Homeless Children and Youth II (ARPHCY II) Allocations ARP ESSER Preliminary Allocations ARP-HCY II Formula Grants I do not have a sales and use tax account ID and report my businesses gross receipts on my federal Form 1040, Schedule C. However, I did not file my 1040 Schedule C when completing my 2020 Individual Income tax return. The budget Governor Cooper signed on November 18, 2021 provided $500 million to fund the Business Recovery Grant Program. While the desire and passion to help the . I have two businesses that are LLCs in North Carolina. The project is being supported, in whole or in part, by federal award number SLRFP0129 awarded to the State of North Carolina by the U.S. Department of Treasury. No. The Department has issued all checks to eligible individuals. What are the eligibility requirements for Phase 2 of the Program? Businesses in North Carolina such as sole proprietorships, corporations, partnerships, LLCs and other types of businesses that suffered economic loss during the pandemic may be eligible for a grant in Phase 2. Community Health Grant FY 2022 RFA DHHS Division/Office issuing this notice: Office of Rural Health Date of this notice: November 20, 2020 Grant Applications will be accepted beginning November 20, 2020 Deadline to Receive Applications: February 15, 2021 Working Title of the funding program: Community Health Grants In addition to the $800 million in education funding included for identifying and supporting children and youth experiencing homelessness, there are opportunities across other funding streams to target supports . 2. COVID-19 Funding COVID-19 Funding Overview The pages linked below contain information and resources for recipients of COVID-19 pandemic relief funding that is managed through or overseen by NCPRO. Guide applicants with submitting small and large projects to FEMA that clearly define work done due to COVID-19. The Economic Impact Payment was a federal program administered by the Internal Revenue Service on behalf of the US government. The grant will be awarded to the business, not individual owners. Submitting the State-Applicant Disaster Assistance Agreement - 3 min. Note: If you are eligible to apply for the grant using this method, a paid preparer or an individual who has a valid. For additional information see the Departments website. Be prepared to provide documentation that clearly defines status as an eligible organization. To qualify for a hospitality grant in Phase 2, a business must meet all of the following conditions: To qualify for a reimbursement grant in Phase 2, a business must meet all of the following conditions: The grant amount is a percentage of the economic loss demonstrated by the eligible business or $500,000, whichever is less. My business was denied a grant in Phase 1 because I received a PPP loan (other COVID-19 relief). Additional guidance is available on our website in the instructions for the North Carolina income tax returns. The required RPA submission is the process toformally request inclusion and consideration for cost reimbursement from FEMA. Walk-ins and appointment information. In general, Article 4 of Chapter 105 covers corporate income tax, individual income tax, and partnership income tax. No. For Phase 2, gross receipts are calculated using the sum of the following gross receipts: A business that received a grant in Phase 1 is only eligible for a grant in Phase 2 if ALL of the following are true: The grant amount for a business that received a grant in Phase 1 is a percentage of the amount by which Line 5b is greater than Line 8b. While no additional state and local aid was provided, an extension of the deadline by which the Coronavirus Aid, Relief, and Economic . If you have not yet received a check or denial letter, please contact the Department at1-877-252-4983. The gross receipts on Line 5b of the Phase 2 application must be greater than the gross receipts on Line 8b of the Phase 2 application. Yes. Yes, the SST ID could have been substituted for the sales and use tax account ID on your application. The law provides the grant amount of $335 per eligible individual, even if the eligible individual has two or more qualifying children. File a complaint online with our Inspector General (OIG) or call their Hotline. You do not have to submit a request for reimbursement as part of the registration process. Monday, January 10, 2022. . Checking the Status of Your Request for Public Assistance- 2 min. Taxpayers who filed a 2019 state tax return on or before October 15, 2020, but who did not receive an automatic grant payment because the taxpayer did not meet all of the eligibility conditions necessary to receive the grant by the programs original deadline. How do I determine my gross receipts? Several area agencies have assistance programs depending on your housing needs -- including if you are currently homeless. For federal tax purposes, the 2019 federal child tax credit is reduced when a taxpayers modified adjusted gross income exceeds $400,000 for individuals who file a joint tax return with their spouse, and $200,000 for all other filing statuses. Extra Credit Grants The application period for the Extra Credit Grant applications closed on July 1, 2021. If you filed a 2019 individual income tax return you can ONLY file Form NC-1105, if you did not previously receive an automatic grant award because you did not report a qualifying child on Line 10a of your timely filed 2019 Form D-400. We are grateful to state lawmakers and the Governors Office for providing this funding and to the N.C Department of Revenue for their quick implementation of the program., Weve been working to ensure that minority and women-owned businesses are a vibrant part of our economy, said Kevin J. This includes: Coronavirus Relief Funds (CRF) Local Fiscal Recovery Funds (LFRF) State Fiscal Recovery Funds (SFRF) No. If you have any questions about the program, you may call the North Carolina Department of Revenue at 1-877-252-4487 (8:00 am until 4:30 pm EST, Monday through Friday). Any federal grant payments received were from a federally administered program on behalf of the U.S. government. This comparisonshows the difference between the two phases. File Form NC-1105. The Departments employees do not have the ability to check the status of individual payments at this time. The Department has issued all checks to eligible individuals. Additionally, if a business closed its sales and use tax account with the Department, filed Form NC-BN with the Department or filed Form NC-3 indicating it is closing, the business is permanently closed. Cooper's plan for Extra Credit Grants 2.0 would set aside $250 million to give $250 or $500 grants to families. I have not filed an E-500, Sales & Use Tax Return(s), during the COVID Period. What should I do? Internal Revenue Service interactive tool: Is My Child a Qualifying Child for the Child Tax Credit? On September 29, 2022, the Department mailed checks to all eligible Phase 2 applicants. Hospitality grants are available to eligible arts, entertainment and recreation businesses, as well as eligible accommodation and food service businesses such as hotels, restaurants and bars. Will I be eligible to receive the grant if I submit an application after June 1, 2022? The grant is not subject to North Carolina income tax. 17. Yes. The grant the business received in Phase 1 was less than $500,000. Appointments are recommended and walk-ins are first come, first serve. It depends. The Servicemembers Civil Relief Act provides that a spouse shall neither lose nor acquire domicile or residence in a state when the spouse is present in the state solely to be with the servicemember in compliance with the servicemembers military orders if the residence or domicile is the same for both the servicemember and the spouse. 16. The new law extending the Extra Credit Grant program through July 1, 2021 only applies to eligible individuals who have NOT received the $335 grant. As required by law, the NCDOR re-opened the application period of the Program because the total amount of grants requested by eligible businesses during the initial application period did not exhaust the $500 million in funds authorized for the Program.
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