ST Alpha - "Wait, is it taxable? -- nm" (Reading a Post)

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In response to "Before I actually go read the text of the bill, does anyone know if the $600 payment applies to the 2020 or 2021 tax year?" by znufrii

Wait, is it taxable? -- nm

Posted by ty97 Dec 29 '20, 20:11

(No message)

Responses:

no, everybody's total tax burden is $750 just like the President -- nm - crash davis Dec 29, 20:13 2
- That can't be true - ty97 Dec 29, 20:17 1
  - it would be nice if it were (and even then Fidelity wouldn't tell you) -- nm - crash davis Dec 29, 20:18
Not that I'm aware of. Assuming it's the same as last time, it's in the form of an advance payment on a tax credit. -- (edited) - znufrii Dec 29, 20:12 1
- oh right -- nm - ty97 Dec 29, 20:13

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