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New Member
posted Mar 4, 2021 3:07:00 PM

Did the stimulus checks affect the return in deductions

how much is the deductions for the stumulis

0 2 169
2 Replies
Level 15
Mar 4, 2021 3:12:57 PM

The stimulus payments received are not entered on a tax return as income so there are no deductions for the stimulus payments.

Level 15
Mar 4, 2021 3:17:58 PM

However, if you received a higher stimulus than that to which you were entitled, an adjustment will be made.