Applications are still being accepted. Changes to the Program for Phase 2 allow a business to calculate its economic loss using an expanded list of tax forms making the Program available to businesses that do not report gross receipts on Form E-500 or federal Form 1065. Applicants must work though and maintain access to the FEMA Grants Portal (as with a natural disaster event) to access funding. The Business Recovery Grant Program is a State program administered by the Department of Revenue. Am I eligible for a grant? Was I able to submit supporting documentation to show my loss? The Department has issued all checks to eligible individuals. A NAICS Code is a classification within the North American Industry Classification System adopted by the United States Office of Management and Budget. The Department of State Health Services (DSHS) received an $800 million grant from the federal government to support school-based COVID-19 screening testing activities intended to support open, in-person K-12 instruction. The child is claimed as a dependent on your 2019 federal tax return. The primary activity of the business is properly reflected in NAICS Code 71 or 72 from March 1, 2019, through February 28, 2021. No. The Department has issued all checks to eligible individuals. Phase 2 is closed. My business changed its structural type between the Pre-COVID period and application period. You did not complete the application in its entirety. The primary activity of the business is NOT properly reflected in NAICS Code 71 or 72 from March 1, 2019, through February 28, 2021. We are here to help through the Coronavirus Aid, Relief, and Economic Security (CARES) Act grant. Some people are at higher risk of more severe disease or outcomes from COVID-19 infection than others. Please review for the 2020 Individual Income Tax Instructions, Form D-401, for further guidance. Individuals should not file a grant application unless they operate a sole proprietorship. Even if it ultimately turns out you do not have reimbursable costs, the RPA is required for your organization to be included and your RPA can be withdrawn if necessary. 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. In calculating North Carolina taxable income, you may deduct the amount of the grant if the grant is included in federal adjusted gross income. For a complete list of business sectors and more information, visit the NAICS website. If you meet all eligibility requirements, you could have applied for a grant. 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. To learn more, view our full privacy policy. Secure portals have been established to ensure information is transmitted safely and securely. To start the reimbursement process, applicants must: After Organizations Are Registered Provide a copy of your 2019 federal tax return and any accompanying federal form or statement that supports the changes made to Line 10a on Form D-400. In addition, a business that was ineligible during Phase 1 because it received other COVID-19 relief may now be eligible for a grant in Phase 2. OT cannot be reimbursable because FEMA assistance has arrived, but regardless of whether FEMA assistance will arrive or not. All grant payments have been issued by check to eligible individuals. Reallocation: On March 30, 2022, Treasury published its ERA2 Reallocation Guidance and published a Fact Sheet Summary . Spring 2022: March 25, 2022: Required return to campus COVID-19 testing reimbursement, up to $65 . In general, if your Social Security benefit is your only source of income, then Social Security benefits are not considered federal taxable income. Be prepared to provide documentation that clearly defines status as an eligible organization. . You will need to provide all the information in one sitting. Check the State tax return you filed for calendar year 2019 to see if you indicated on the return that you, and your spouse, were residents of North Carolina for the entire year. 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). 7. Organizations approved for loans between $150,000 and $10 million $793B Amount Approved $742B Amount Forgiven Includes any accrued interest Number of loans by state About this data This data comes. You were not eligible for the grant payment because you failed to meet at least one of the following requirements: 1. To qualify for a reimbursement grant, you must meet all of the following conditions: Your business was not classified in NAICS Code 71 or 72 from March 1, 2019 through February 28, 2021. Are you a Historically Underutilized Business (HUB)? You cannot deduct the amount of the grant payment on your 2019 State income tax return instead of filing an application or amending your 2019 State return. 9/30/22 This November Rutherford County will have the opportunity to vote in a new Sheriff. What are the eligibility requirements for Phase 2 of the Program? The COVID-19 Applicant Briefing webinars provide basic information about the FEMA Public Assistance Program, Grants Portal registration, and resources to help you navigate the reimbursement process. In addition, all grant funds have been distributed to eligible applicants. On October 5, 2022, the Department mailed letters to applicants that were not approved. 1 On December 10, 2021, the Protecting Medicare and American . Eligible subrecipients include local governments, counties, special political subdivisions and authorities, tribal entities, certain private non-profits (community centers, food programs, hospitals, assisted living facilities, shelters, utility cooperatives), K-12 schools, and institutions of higher education. However, the combined Phase 1 and Phase 2 grant award for a business cannot exceed $500,000. The law requires you to compare your gross receipts for the period beginning March 1, 2020 and ending February 28, 2021 to the prior 12-month period. We take seriously our obligation to provide this vital aid in an efficient and expeditious manner., North Carolinas restaurants, hotels and bars saw over $5 billion in losses due to no fault of their own, said Lynn Minges, President and CEO of the North Carolina Restaurant and Lodging Association. Reporting : On March 30, 2022, Treasury released the February ERA report. All grant funds have been distributed to businesses. Hours: Monday - Friday 8:00 a.m. - 5:00 p.m. P: 919.515.NCSU (6278) Calendars; MyPack Portal; The application period for the Extra Credit Grant applications closed on July 1, 2021. An individual that meets all of the eligibility requirements will receive a grant even if the individual died prior to the issuance of the grant. The deadline to request assistance has passed. Most Service Centers are now open to the public for walk-in traffic on a limited schedule. Underlegislationsigned into law May 24, 2021, individuals who missed the original Extra Credit grant deadline may be eligible to receive the $335 grant payment. 1. This policy applies to all eligible applicants under the COVID-19 declaration that have conducted safe opening and operation work from January 21, 2021 through September 30, 2021. File a complaint online with our Inspector General (OIG) or call their Hotline. While checks list the State Treasurer on them, the Department of State Treasurer cannot cash or assist with the checks. 3. Provide technical assistance to help applicants register in the FEMA Grants Portal and to submit their required documentation. If you have not yet received a check or denial letter, please contact the Department at1-877-252-4983. 2. While checks list the State Treasurer on them, the Department of State Treasurer cannot cash or assist with the checks. You will receive the grant if you meet all of the eligibility requirements, regardless if you owe money to the Department. Licensed programs are not eligible for ESG funding. Email sent on February 19 th to students with an ISIR on file and a zero EFC who were registered for SP21 classes. 3. Raleigh, North Carolina 27695. 4. 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 . Nearly 800 new covid cases reported since last week. The child is your son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of any of them (for example, your grandchild, niece, or nephew). 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. A lock icon or https:// means youve safely connected to the official website. The risk of getting COVID-19 varies between and within communities. 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 . 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. However, to amend your return to change line 10a, you must follow the steps below: If you file the amended return by mail, write Extra Credit Grant Program at the top, right hand corner of the 2019 Form D-400. The application will be posted on this website as soon as possible. (b) Report at least one qualifying child on Line 10a of Form D-400 for calendar year 2019. The Internal Revenue Service (IRS) requires government agencies to report to the IRS certain payments made during the year. 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. State Government websites value user privacy. To learn more, view our full privacy policy. You must have included the sum of the gross receipts reported on your Form E-500s for all of your North Carolina sales and use tax account IDs.

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