@avigo45 wrote:
Thanks so much. So does that mean that taxes aren't paid on the stimulus money? Just seems counterintuitive to me for there to be a "0" where I am recording income I received. And I just want to make sure I did everything right.
The stimulus payments are not taxable income. They are an advance tax credit from the 2020 federal tax return and the payments received are not reported on the 2020 tax return as income.
