How will the 2007 stimulus check that I received affect my 2008 tax filings?

stimulus check

miguel_mcnealy asked:


My wife and I received a $1200 stimulus check this summer. We are both self-employed and of course have to pay in taxes every year. I was wondering if anyone knew how that $1200 check will affect what I owe this year. Will I have to pay in more or less or about the same? Will I have to pay taxes on that $1200?

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1 Comment so far

  1. Jade C on March 8th, 2010

    There is no federal income tax due on the stimulus checks.

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