Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Is California Stimulus 2 taxable to Fed as miscellaneous income?

hmosbergea
Level 3

Since CA is not required to send out 1099's for Stimulus payments, should payments be shown on Federal Form 1040, Schedule 1 as line 8z "other income"?

0 Cheers
2 Comments 2
Just-Lisa-Now-
Level 15
Level 15

I havent been including it.  Most clients dont remember if they got it or not and theres no reporting form.

 


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
0 Cheers
hmosbergea
Level 3

Thank you for telling me what you do.

What do you tell an auditor when asked "why didn't you report this as income"?

0 Cheers