Seven Checks You Can Cash Free of Federal Income Tax

Updated
Checks you cash free of tax
Checks you cash free of tax

Ronald Reagan once famously remarked that the government's take on the economy was, "If it moves, tax it." At tax time, it can feel as though that's true.

Realistically, though, not every dollar you receive is taxable (even though in some circumstances, it may still be reportable). Following are seven checks that you can cash, federal income tax free:

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