Are credit card points taxable? Here's when you may have to pay taxes on your rewards

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Are credit card points taxable? Here's when you may have to pay taxes on your rewards.

Credit card issuers are paying out more and more in rewards every year. American Express, Discover and Capital One spent a combinedrewards credit card

Now that the daunting tax season is officially upon us, that means gathering all your necessary documents — and perhaps paying Uncle Sam money on the credit card rewards you earned.

 

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I’d cut up mine if they do this nonsense.

Eat shit and TaxationIsTheft

I don't have a credit card but.....

Oh ffs. Seriously people at what point is it enough? At what point do people say, “no you can’t tax that that’s mine”. Taxes are not something that should exist everywhere and revolve around everything you purchase, earn or own.

The most worthless reason to have a credit card just ceased to be a reason.

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