turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Extension Filers on Sept 25! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

k0rww
New Member

Does using airline miles for TV create taxable income?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Cindy0H
New Member

Does using airline miles for TV create taxable income?

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. 


View solution in original post

1 Reply
Cindy0H
New Member

Does using airline miles for TV create taxable income?

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. 


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies