Personal Finance

Is trump's stimulus check taxable in canada?

  • Last Updated:
  • Apr 8th, 2020 9:55 am
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May 25, 2019
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Is trump's stimulus check taxable in canada?

Anyone have any idea?
6 replies
Deal Addict
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Mar 10, 2018
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Maria8534 wrote: Anyone have any idea?
Yes.
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I try not to apologies but sometimes do it. not because its right thing but it benefits me.
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Deal Fanatic
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Jan 6, 2002
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And likewise, Canadian payouts are US taxable for US tax persons.
As someone long prepared for the occasion, in full command of every plan you wrecked---
Do not choose a coward's explanation, that hides behind the cause and the effect...
Deal Guru
Feb 29, 2008
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My cousin was bragging about getting $2K cheque. We get..nothing right?
Deal Addict
Jul 12, 2008
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GTA
The Canadian individual payouts are taxable here in Canada so it should count as foreign income for people elsewhere.
The Trump stimulus checks are tax free though so you might not have to declare it in Canada since technically you won't have documentation for it.

Us checks not taxable - https://www.forbes.com/sites/kellyphill ... 7ac6d51393

Maybe ask the CRA or IRS directly if you can get through as applicable.
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Nov 23, 2014
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Toronto, ON
Maria8534 wrote: Anyone have any idea?
NO

They are treated as advance tax refund
Not taxed in USA or Canada

Contact CRA for more info

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