Is My Stimulus Check Payment Taxable?

The answer is No. According to the IRS website – “You will not owe tax on your payment when you file your 2008 or 2009 federal income tax return. But you should keep a copy of the IRS letter you receive later this year listing the amount of your payment.” That’s a relief. I am still waiting for my check, but over the last few weeks the stimulus check has been a very hot topic with some stuff being said way off the mark. For accurate and verified information, go to the source – The IRS Economic Stimulus Payments Information Center – where you can get all the information and frequently asked questions on the stimulus you could ever need.

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With that, and to find what else is the buzz, here are some of the recent blog carnivals and festivals my articles were featured in over the week. Great job by all the hosts.

Money under thirty hosted the

Carnival of Personal Finance #152, which featued my article on starting to budget for $5 gas

Festival of Frugality #125 was hosted at the Quest For Four Pillars, and featured my article on frugal ways to keep your home safe. This was an editiors pick!

The 88th Festival of Stocks was hosted at the Stock Market Prognosticator, which included my article on Macau Play : Melco PBL (MPEL) – on the up and worth a gamble

The Money Hacks Carnival was hosted at Can I Get Rich on a Salary which had a greek gods theme and had my article on understanding Taxes and my Paycheck.

1 thought on “Is My Stimulus Check Payment Taxable?

  1. Pingback: No Second Stimulus Check in 2009 or 2010. $800/$400 Making Work Pay and $250 Social Security Tax Credits Instead. Eligibility and Missing Payments | Saving to Invest

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