Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
I read somewhere that this was considered earned income (I may have that wrong), but I put a brief note in my 'to do" tax stuff file about that says: "$300 tax rebate refund=earned income, no 1099, but must add".

So, I'm single, no dependents, I've not itemizing for several years, and I do my own taxes. I have enough problems with Schedule D and just want to know, going in & before I start, EXACTLY, what line this $300 goes on, and if it shows up more than once - or anyplace on schedule B or D (I wouldn't think so). It seems to be, just casually looking, it goes on line 10 on a 1040 - but anywhere else?

If this in answered somewhere already, hopefully in language that a regular person can understand, please just give a reference. Thanx for your help.

Frankly, maybe this is in the tax instructions somewhere (if so, what page?); but I've missed stuff before (once I forgot to deduct myself, on my first draft of form) and had to do it over.

Again, would appreciate some definitive help, as my first draft effort for taxes starts Friday. ;-(
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement