I have heard that this will NOT count as taxable income. But if you still owe $10k after making estimated payments, are you below the $100k single/$200k joint AGI maximum level where you will get this stimulus check?
Looks like we’ll get a small check. Not that huge $1200 everyone else is gonna get! Lol
I wasn’t talking about taxable income. If this is actually just an advance on future refunds wouldn’t it also just be added back on if you already owe? Makes sense to me.