Quote:
Originally Posted by Dorianmode
Has anyone read anything about rebate earnings ? They have always (according to an IRS ruling) not been subject to tax. Has that changed ?
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I'm a customer with the rebater recommended by RDSS and have heard nothing, so I assume there have been no changes as it would be a very big deal for them (e.g. mailing out thousands of Form 1099s and reporting the information to the IRS). Meanwhile, here's a website with some interesting posts, including one that quotes an old Revenue Ruling.
http://www.horseplop.com/index.php?topic=55627.0