Well, this is pretty fucking stupid:
Americans are looking forward to their coronavirus stimulus payments as thousands of people struggle to pay their bills. But this money may not be exempt from being taxed by the state when people file in 2021.
….
The State Department of Revenue said that money could potentially be included in the calculation of Alabama taxable income depending on income level and deductions.
Elliott said people could be taxed around 5 percent which would mean $60 is taken out of that $1,200 check.
Well, isn’t that special!
There is a state legislator, Republican state Sen. Chris Elliott, who is drafting a bill to exempt those payments as well as the SBA PPP loans that are forgiven if used for payroll. But there is no guarantee that will happen. The Alabama Legislature isn’t even in session now due to the shutdown.
“I think folks are more anxious about getting the money in their account so that they can get some relief from what is obviously a very hard financial time right now. I don’t think that they expect that this money will be taxed by the state,” Elliott said.
No shit, Sherlock.