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Will the “Stimulus” Payment Be Taxed?

The short answer is no – the recent economic relief payment, or “stimulus check,” will not be considered as part of your income for income tax purposes, nor will it count toward your income limitations when deciding if you Social Security benefits are taxable. The full details of how the stimulus payment will be viewed in the context of your Social Security benefits, your Supplemental Security Income (SSI) and your overall taxable income are explained in this Motley Fool article by Christy Bieber. Click here to read more.

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