Consumer Blog
Tax rebate payment is not taxable
Missouri consumer writes:
Is this rebate taxable by the federal and/or state government at the time we prepare our 2008 tax forms?
The answer is no to both questions. On these pages, you'll see that the IRS (see question #6) and the Missouri Department of Revenue explain that this stimulus payment is not considered income and therefore is not taxable.
Technorati Tags: IRS, Missouri Department of Revenue, economic stimulus payment, finance, taxable income, tax rebate, moagoconsumer, consumer protection
Posted by on June 2, 2008 4:01 pm :: Comments (0) :: Permalink
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