179 Anyone else receive their $600 bribe this morning? posted 106 days ago by Siteless_Vagrant 106 days ago by Siteless_Vagrant +179 / -0 That means we'll still be dealing with this filling out taxes in '22. Goddamn cocksuckers were scared shitless to give us 2 payments in 1 year. 38 comments share 38 comments share save hide report block hide child comments Comments (38) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 3 ▼ – Siteless_Vagrant [S] 3 points 106 days ago +3 / -0 Lol, that's funny. They're counted as income, and income is taxable. They set that precedent back when Bush tried it. permalink save report block reply ▲ 2 ▼ – lanman 2 points 106 days ago +2 / -0 First round of stimulus was tax-exempt. "More important, the money will not be counted as taxable income. It will be considered a credit, so you can deduct the sum against your future taxes." SOURCE: https://www.cnbc.com/2020/03/25/congress-to-send-taxpayers-1200-checks-in-the-wake-of-coronavirus.html Also, not all income is Federally taxable. Another example of Federally tax-exempt income is Municipal Bond interest. permalink parent save report block reply
Lol, that's funny. They're counted as income, and income is taxable. They set that precedent back when Bush tried it.
First round of stimulus was tax-exempt.
"More important, the money will not be counted as taxable income. It will be considered a credit, so you can deduct the sum against your future taxes."
SOURCE: https://www.cnbc.com/2020/03/25/congress-to-send-taxpayers-1200-checks-in-the-wake-of-coronavirus.html
Also, not all income is Federally taxable. Another example of Federally tax-exempt income is Municipal Bond interest.