topic $1,200 stimulus check in Get your taxes done using TurboTax

$1,200 stimulus check

SDPrime — Thu, 31 Dec 2020 17:24:28 GMT

Where to report my $1,200 stimulus check on my tax return?

Is it taxable income or not?

Re: $1,200 stimulus check

DoninGA — Thu, 31 Dec 2020 17:26:17 GMT

The Economic Impact Payment (stimulus) that you received in 2020 is not taxable and not reported on your tax return.

Re: $1,200 stimulus check

NCperson — Thu, 31 Dec 2020 17:29:41 GMT

well, a different answer. it is NOT taxable income but it is reported on your tax return at the end of the interview process. If you are eligible for additional stimulus (probably not in your case), this will appear on Line 30 of the tax return.

@DoninGA - TT is going to calculate the EIP and if you don't input how much your received in stimulus payments it is going to inflate the refund.