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No, using airline miles for TV does not create taxable income. The awards, such as miles, points or tickets are tax free. However, if the award is converted to cash, they would be considered taxable income; you would receive 1099-MISC if the amount is greater than $600.
No, using airline miles for TV does not create taxable income. The awards, such as miles, points or tickets are tax free. However, if the award is converted to cash, they would be considered taxable income; you would receive 1099-MISC if the amount is greater than $600.
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