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Old Aug 12, 2021 | 11:21 am
  #2125  
uxb
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Join Date: Jan 2008
Location: JFK, BUR, YVR
Programs: AC, AS (PLT), BA, DL, HH (G), MR (TIT/LTP), UA (*S), UScAAre (1,94MM), WN
Posts: 5,332
Originally Posted by KathyWdrf
Shopping rebates are not taxable income, though -- they are essentially just a discount. One exception would be if you are getting a rebate against something you used as a tax deduction, such as business expenses. But mypoints and other shopping portals have no way of knowing if that is the case. So I guess they are being overly cautious.
The OP redeemed 110400 MyPoints (based on my calculations). If they were all earned in 2021, then maybe... if this was just a cash out of the account, then I am still struggling for why it would be taxable. In any case, congratulations on earning 110400?
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