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New Member
posted Jan 26, 2022 2:37:19 PM

Does receiving stimulus checks effect my taxes

Do I need to fill out anything specific if I received stimulus checks ?

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1 Replies
Level 15
Jan 26, 2022 2:39:13 PM

You only need to report that the stimulus payment was received on not received.  This question is asked in the Federal Review section of the program immediately after completing the Other Tax Situations section.

The stimulus payment is not taxable income.