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  • Kenneth D. Eichner, P.C.

Credit Card Rewards Are Tax Free!!!

Your miles earned on your credit card are NOT taxable! The IRS does not tax any extras you earn with your credit card – including miles, discounts, or cash back – as long as you pay the credit card. However, other rewards for example that you receive for signing up for a card or for referring a friend are income per the IRS.

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