Do credit card sign-up bonuses count as income?

October 4, 2024 ⚊ 1 Min read ⚊ Views 25 ⚊ TRAVEL

Do you have to claim credit card rewards as income? Most credit card rewards are not taxable since the IRS considers them a rebate on your spending. However, if you receive rewards merely for signing up for a card without having to meet any spending requirement, the IRS would consider that income.

Read details: https://biiut.com/read-blog/474

Tags: cconvert credit card, Credit Card Sign-Up Bonuses

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