Joined Jun 2012
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Torn on whether to include Slickdeals reward points as taxable income
March 20, 2023 at
07:14 PM
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After speaking to a couple CPA's and doing my own research, it appears that any Slickdeals points accumulated from merely opening an account (with no spend requirement) is taxable income. It's tricky since the award is given as points, however, the points can easily be converted to cash. Does anyone have any additional guidance regarding this? I seriously doubt most people include points conversion in their taxes, but it happened to be on my list of bonuses I earned last year.
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here is a list of 1099 stuff
https://www.investopedi