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Quicken Classic for Mac
Registers & Transactions (Mac)
Economic Impact payment from IRS
Concordman
How do the folks here suggest one handles the economic impact payment from the IRS. I believe its not taxable, wondering about the category selection
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Frankx
Hi
@Concordman
,
I would suggest that you use the category "Other Inc[ome]". It is obviously unlikely that you'll ever receive anything like this again, making it unique. But in the end it is income that doesn't fit in any of the standard categories and certainly doesn't need its own category.
Take care and stay safe!
Frankx
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NotACPA
I'm planning on creating my own category.
Frankx
Hi
@Concordman
,
I would suggest that you use the category "Other Inc[ome]". It is obviously unlikely that you'll ever receive anything like this again, making it unique. But in the end it is income that doesn't fit in any of the standard categories and certainly doesn't need its own category.
Take care and stay safe!
Frankx
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