Come to find out...that $1200 stimulus check is just a loan. To be paid back in your 2020 taxes.
Link?
Do you mean it needs to be repaid in FULL next year even if that were your ONLY income? 0% interest at least?
It's a refundable tax credit so it's not a loan at all.
yes, just part of the taxable income.
BTW, UE (covid portion and/or the rest) benefits are also taxable.
Nothing burger.