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.

https://www.irs.gov/newsroom/economic-impact-payment-information-center-topic-j-reconciling-on-your-...

 

 

**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.**