How will the stimulus check be figured into 2020 taxes, what form will we fill out?
- Max HooplaLv 71 month ago
There will be a credit on the 2020 tax return that is offset by the payment received.
- Anonymous1 month ago
No taxes on it. If you mean the $1200. If you are getting some OTHER stimulus, i can't say.
- JohnLv 61 month ago
The stimulus check is tax free. How many times do I have to tell you?
- Wayne ZLv 71 month ago
You will have to reconcile your stimulus payment on the 2020 return.
However, no one is sure as to what form this will take.My guess that it will be a line on the 1040 with a corresponding worksheet.
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- SlickterpLv 71 month ago
It isn't figured in, there will be no form.