Question

How much total tips can i claim

Forum|Forum|4 years ago
April 11, 2022
1 reply
0 views

how do i include my economic impact payment to my taxes

TurboTax Self Employed Online

1. If you receive tips, you must include all tips as income on your tax return.

2. The economic impact payments, also known as stimulus payments are not taxable and are not reported as income on your tax return. However, in the Federal Review of TurboTax, you will be asked if and how much you received for the third stimulus. This is used by TurboTax to determine whether you are eligible for the Recovery rebate credit in case you you have not received the third stimulus.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"