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Old Feb 7, 2012 | 5:16 pm
  #200  
EsquireFlyer
Formerly known as CollegeFlyer
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Join Date: Jan 2004
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Originally Posted by Ambraciot
So far... but when the value of the rebates exceed the purchase price by a significant margin... there is a danger the rules could change.
It's not income, though. The IRS has specifically said that. I highly doubt that the value of the frequent flier miles you earn on a paid airlnie ticket can exceed the purchase price by a significant margin, unless you're buying a bunch of $1.00 mistake fares.

[Second paragraph deleted.]
Last edited by EsquireFlyer; Feb 7, 2012 at 7:46 pm
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