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January 13, 2021
Question

Are stimulus checks reported as income

  • January 13, 2021
  • 1 reply
  • 0 views
Does one need to report stimulus checks as income in 2020

1 reply

DoninGA
Employee
January 13, 2021

No.  Stimulus payments are an advance tax credit based on your 2020 federal tax return.  They are not taxable income.