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Anonymous
Will those stimulus checks have to be claimed as income on taxes?
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- ?Lv 62 weeks ago
Nope. The so-called economic impact payments are not treated as income. In fact, they're technically an advance on a tax credit, known as the Recovery Rebate Credit.
Source(s): https://vapedubai.store/ - Anonymous3 weeks ago
You would enter them on a worksheet. The tax return represents a second chance for some people to get the stimulus and the worksheet prevents you from claiming it twice.
- Anonymous3 weeks ago
No it's not taxable, and you do not need to enter it on your tax form.
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