Do you pay income tax on the stimulus relief you receive?

[AlanT222]

No, stimulus payments are not taxable but you do have to report them.  However, if you received unemployment or paid family leave, those would be taxable.  

[VolvoGirl]

You are not paying tax on them.  But Turbo Tax started out by giving you credit for the whole amount so you refund was too high.  Then when you entered what you already got the starting refund was reduced or the tax due increased.  You don't get it twice.

[Mark and his partner]

This was not my experience. Turbotax asked me if I received two stimulas payments, to which I said YES. It should have asked me about three stimulas payments, to which I would have said Yes also.

The problem is, Turbotax is thinking about 2020, while the stimulas payments are coming in 2020 and 2021.

I saw the $1200 credit for the third stimulas payment on Line 30, carried forwards to Line 32, which increased my 2020 refund by that amount. 

The stimulas review process in Turbotax isn't considering payments received in 2021, but it is inserting them as a credit towards an increased refund to deliver the third stimulas payment with your 2020 refund, or reduce your tax due on your 2020 filing. This has the potential to create a problem for tax payers in 2021.

Turbotax could fix this problem buy including a third question in the stimulas payments review process to deal with the third payment of $1200.

[VolvoGirl]

There has only been 2 rounds of Stimulus payments.  If you got a third check it should be added to the first or second round.  This screen even says to add multiple checks and enter the total.  See this post with online screenshots

https://ttlc.intuit.com/community/taxes/discussion/filed-as-an-independent-and-single-but-haven-t-re...

And you enter a Jan 2021 Stimulus payment on your 2020 return now.  The year you got it doesn't matter.  If you don't report it Turbo Tax will give it to you again, which would be wrong and double.  See this thread for screens shots of both the Desktop and Online versions.  The screen shots says the second one is between Dec 2020 and Jan 2021 so you should include January.

https://ttlc.intuit.com/community/tax-credits-deductions/discussion/turbo-tax-stimulus-question/00/1...