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View Full Version : Reporting stimulus income on 1040


sk_launch
Apr 5, 2009, 05:16 PM
Dear Tax expert,

Do we need to report last year's stimulus cheque ( received in approx July - aug 2008) on 1040 for 2008. If yes then where should it be mentioned on the form.

Thanks for the help in advance,

Sk

AtlantaTaxExpert
Jun 4, 2009, 09:56 AM
Negative; that payment is tax-exempt.