Do I Have to Pay Taxes on My Economic Impact Payment?

Do I Have to Pay Taxes on My Economic Impact Payment?

If you received an economic impact payment, you will need to report it on your tax forms at tax time. The IRS won't take any taxes on the money, but you'll still need to note the amount you received. You should have received Notice 1444 that you'll need to reference as you're filing.
→ Learn More
Tax

What Is a Schedule C Form: Who Needs to File & How to File

Taxpayers use a Schedule C to report income earned on their own. This ...more
Tax

Claiming Dependents for Your Taxes

Personal exemptions have been eliminated from the tax code, but being ...more
Managing-your-money

How to Calculate Gross Wages for Unemployment Benefits

How to Calculate Gross Wages for Unemployment Benefits. The level of ...more
Managing-your-money

How to Collect Welfare & Unemployment Together

Collecting welfare and employment together is possible for ...more
Pocketsense.com

Recycling for Money: 7 Surprising Ways to Make Extra Cash

Recycling for money is actually easier than it sounds. And, you don't ...more
Managing-your-money

Choose the Right ETFs for Your Portfolio.

Scam Phone Calls & Text Messages: How to Spot & Report Them
Pocketsense.com

Scam Phone Calls & Text Messages: How to Spot & Report Them

Is the Robinhood App Safe? Why It's Risky for Beginner Traders
Pocketsense.com

Is the Robinhood App Safe? Why It's Risky for Beginner Traders

How to Find Out How Much Unemployment You Will Receive
Managing-your-money

How to Find Out How Much Unemployment You Will Receive

Panic Buying: The Psychology Behind Stockpiling & Empty Shelves
Pocketsense.com

Panic Buying: The Psychology Behind Stockpiling & Empty Shelves

More Articles For You

How Does Severance Pay Work vs. Unemployment Benefits?
Managing-your-money

How Does Severance Pay Work vs. Unemployment Benefits?

Learn More →
Starting the Perfect Side Gig
Managing-your-money

Starting the Perfect Side Gig

Learn More →
Tax Refund News: IRS Delays 2020 Filing Deadline
Pocketsense.com

Tax Refund News: IRS Delays 2020 Filing Deadline

Learn More →
What Happens If You Miss a Car Payment?
Pocketsense.com

What Happens If You Miss a Car Payment?

Learn More →
Does Rental Income Affect Unemployment?
Managing-your-money

Does Rental Income Affect Unemployment?

Learn More →
How to Get My 1099 From Unemployment to File Taxes
Tax

How to Get My 1099 From Unemployment to File Taxes

Learn More →
Income Tax Challenges When You Live Together But Aren’t Married
Tax

Income Tax Challenges When You Live Together But Aren’t Married