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Are Credit Card Rewards Taxable? The Only Explanation That Matters
4 months ago
9
Entertainment
credit card rewards
taxible income
are points taxable
credit card points
tax tips
bank bonuses
tax 1099
credit card hacks
financial literacy
money tips
Credit card points aren’t taxed because you spent to earn them — it’s a rebate, not income. But lazy money? Like bank bonuses for just depositing cash — that’s income. That’s why you get a 1099 from the bank, but not from your credit card.
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