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    sk_launch's Avatar
    sk_launch Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Apr 5, 2009, 05:16 PM
    Reporting stimulus income on 1040
    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's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

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