Quote:
Originally Posted by Lasereth
Uhhh...not quite. On TurboTax it plainly says on page 1. Did you get a stimulus check? If you check yes, it goes down $1,200. If you check no, then it stays the same.
*EDIT*
Unless TurboTax starts off your e-filing with a $1,200 credit by assuming you didn't get a 2008 check. Hmm.
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H&R Block's online just added my $600 "stimulus" and my Adjusted Gross Income (AGI) went up $600. I figured my taxes before the $600 and after and found with the addition of the $600 I lost over $200 in my refund.
Same with state refund from last year, it ended up costing me on my refund check this year because that money was taxable.
If you are going to give a "stimulus" or refund, why are you taxing it and not really letting people know.
I have a feeling soon, there will be no refunds, period. If you over paid, too bad so sad.