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Tax cut or credit?
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<blockquote data-quote="CFLBrown" data-source="post: 490002" data-attributes="member: 4597"><p>The stimulus check you received in 2008 is NOT taxable. Again, this was NOT COUNTED AS INCOME.</p><p></p><p><strong>What is it?</strong> It's an economic stimulus payment that more than 124 million households will receive. It's not taxable, and it won't reduce your 2007 or 2008 refund or increase the amount you owe when you file your 2008 return. Payments started in May and will continue through the end of 2008.</p><p></p><p></p><p>Anyone else care to prove me wrong?</p></blockquote><p></p>
[QUOTE="CFLBrown, post: 490002, member: 4597"] The stimulus check you received in 2008 is NOT taxable. Again, this was NOT COUNTED AS INCOME. [B]What is it?[/B] It's an economic stimulus payment that more than 124 million households will receive. It's not taxable, and it won't reduce your 2007 or 2008 refund or increase the amount you owe when you file your 2008 return. Payments started in May and will continue through the end of 2008. Anyone else care to prove me wrong? [/QUOTE]
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