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TAXES ON OUR STIMULUS CHECK FROM LAST YEAR??

I just heard we had to do taxes on our stimulus check! why? does anyone know about this?? (oh and i forget how much extra you get for having a baby?)

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armywife43

Asked by armywife43 at 5:11 PM on Jan. 7, 2009 in Money & Work

Level 21 (11,516 Credits)
Answers (7)
  • Newsflash....ALL income is TAXABLE!!!!

    Technically this includes things you sell at a yard sale, tips, "under the table" jobs, etc... Sorry! But there is no such thing as TRULY getting something for nothing!
    Anonymous

    Answer by Anonymous at 5:13 PM on Jan. 7, 2009

  • You do not have to pay taxes on the stimulus check.
    Momtocccd

    Answer by Momtocccd at 5:14 PM on Jan. 7, 2009

  • When the checks went out it was stressed that we would not have to pay taxes on them but we would have to list it on our income tax forms.  Of course, the government could always change their mind on that but as far as I know that's what you have to do.


    OP - Where did you get your information?

    Madge1428

    Answer by Madge1428 at 5:16 PM on Jan. 7, 2009

  • You're not paying taxes on the stimulus payment. However, you should file this year in case they do something similar later in 2009 and yes they will ask if you got the stimulus. If you've had a baby since you got it, you'll get an additional $300.
    customcat2000

    Answer by customcat2000 at 5:16 PM on Jan. 7, 2009

  • I got the info from a friend. not sure where she got this info from. that's why i decided to ask. so we don't have to do taxes on them? great, thanks!
    armywife43

    Answer by armywife43 at 5:29 PM on Jan. 7, 2009

  • http://www.irs.gov/pub/irs-pdf/i1040.pdf see page 6. It wouldn't copy correctly. It is not income this year. You will not pay taxes on it.
    Anonymous

    Answer by Anonymous at 5:48 PM on Jan. 7, 2009

  • No, it's not taxed.
    halfpint_ny

    Answer by halfpint_ny at 6:42 PM on Jan. 7, 2009

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