- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@shanesnh wrote:
Thanks @Opus 17. I thought so. Is that also true if it brings the price to zero? That's why I asked on this one cuz it's a coupon code but functions kind of like cash without any limit and I guess could have allowed someone to get their whole order free if it was under the 10,000 KRW total on the coupon.
I paid more than that and just got a discount for the order myself lol.
Yes, a vendor can give something to you for free and that is not taxable income.
It would only be taxable income if you provided some goods or services in return, then it is income to you whether they pay cash or in-kind (barter). For example, if you are a mechanic and you agree to fix the dasher's car in return for some free food.
‎September 23, 2024
9:50 AM