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To: Kaslin

I’m surprised that Congress hasn’t started taxing credit card ‘cash back’ programs and frequent flyer miles as ordinary income.

Maybe they already do tax it, but it is up to the taxpayer to declare it?


6 posted on 12/07/2021 4:54:32 AM PST by Yo-Yo (is the /sarc tag really necessary?)
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To: Yo-Yo

Don’t give em any ideas.


7 posted on 12/07/2021 4:56:32 AM PST by Kaslin (Joe Biden,s aka president Milk Carton)
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To: Yo-Yo

https://www.investopedia.com/ask/answers/110614/are-credit-card-rewards-considered-taxable-income-irs.asp


43 posted on 12/07/2021 6:41:57 PM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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