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Stimulus payment

pg47
Level 3

Are the stimulus payments  going to be taxable income for 2020 returns?

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3 Comments 3
IRonMaN
Level 15

If they received a payment, it will reduce the credit that they would have been entitled to on the 2020 returns.


Slava Ukraini!
pg47
Level 3

Thank you.

IRonMaN
Level 15

You betcha!


Slava Ukraini!