You'll need to sign in or create an account to connect with an expert.
If you received a discount on your cell service or on a new phone, then it is not taxable no matter how much benefit you received.
If you got cash or other money, and you received more money than you paid for the phone, the excess/difference is taxable income.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Williams5
New Member
mtaylor4242
Level 2
d3ciph3rtax3s
Returning Member
jackkgan
Level 4
mmof3bys
New Member