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Returning Member
posted May 15, 2021 7:53:22 AM

Stimulus Monies

Are stimulus monies received during 2020 taxable?

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2 Replies
Expert Alumni
May 15, 2021 8:04:22 AM

 

No, The payments from the stimulus checks are not taxable. The money from the stimulus checks is not considered income and thus taxpayers will not owe taxes on it. 

 

-follow this link for additional information-

Does My Stimulus Check Affect My Taxes? | The TurboTax Blog

 

 

 

Returning Member
May 15, 2021 2:49:28 PM

Thank you so much for the timely response!