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20 minutes ago, tom bhayya said:

Just fyi it’s like advance given to you next year tax filings lo they will take it back so edho miss ayinattu feel avvaku 

The short answer: No. In the somewhat longer words of the IRS: “No, the payment is not income and taxpayers will not owe tax on it. The payment will not reduce a taxpayer's refund or increase the amount they owe when they file their 2020 or 2021 tax return next year.Jan 4, 2021

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