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

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