Originally Posted by
craz
As I posted and the pop-up said the max met was based on NON-SPENDING = it wasnt a shopping rebate. I was simply wondering if it was MYPTS way to limit what you can earn w/o having a Limit perse in place.
It's a change in the taxable income reporting law tied to one of the covid relief bills- the threshold for 'must report income to the IRS' went from something like $20K to $600. It's also going to impact a lot of small sellers on ebay, etsy and such.
To this point, I've claimed whatever ended up in my PayPal account from the GPT programs as income but haven't done anything with what I've redeemed for miles or hotel points because it seemed like the IRS didn't consider those to be income. Guess that might be changing.