Question:

Is trust fund income qualifying income?

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i receive 1200.00$ a month from a relatives trust fund. i am a single father with two children. this is my only income. does this income qualify for the stimulus payment?

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  1. No, trust fund income isn't qualifying income.  If you paid any income tax for 2007, that would be the other way to be eligible for a stimulus payment even without qualifying income, but with that income and two children you probably didn't pay income tax on it either.


  2. No, since the trust pays the income tax and not you.

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