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Deductions & credits
Your stimulus payment is NOT taxable. You will be asked on your 2020 federal return if you received the stimulus payment . The information will end up on line 30 of your federal Form 1040.
You will not get a document like a 1099G or 1099Misc. After the payments went out there was a letter sent to you.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎December 22, 2020
5:11 PM