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To: Helicondelta

So is this tax money given tax free? Or will the recipients be 1099’d?


3 posted on 03/26/2020 7:32:16 AM PDT by central_va (I won't be reconstructed and I do not give a damn....)
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To: central_va

33 posted on 03/26/2020 7:50:02 AM PDT by Magnum44 (My comprehensive terrorism plan: Hunt them down and kill them.)
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To: central_va

And furthermore, last week they said we’d get two checks, around April 6 and May 18. Did Nancy screw that up too?


48 posted on 03/26/2020 8:07:32 AM PDT by NorthWoody (A vote is like a rifle: its usefulness depends upon the character of the user. - Theodore Roosevelt)
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To: central_va; JBW1949

“So is this tax money given tax free?”

“Does this include retirees?”

yes and yes:

https://www.forbes.com/sites/kellyphillipserb/2020/03/25/all-you-wanted-to-know-about-those-tax-stimulus-checks-but-were-afraid-to-ask/#4a918fb51f9c


49 posted on 03/26/2020 8:08:41 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: central_va

I would expect a 1099-G at the end of the year, as with any government payment that you get...ie, unemployment.


57 posted on 03/26/2020 8:18:43 AM PDT by damper99
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To: central_va

“So is this tax money given tax free? Or will the recipients be 1099’d?”

Good question. Also, does it go into your MAGI? Those of us on Obamacare need to know.


66 posted on 03/26/2020 9:08:07 AM PDT by beef (Caution: Potential Sarcasm - Process Accordingly)
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