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Get your taxes done using TurboTax
No, rebates are not taxable as long as you did not previously use the amount "rebated" as a deduction.
For example, if you entered health insurance premiums paid and they were deducted on Schedule A last year, a rebate of those expenses could be taxable. If you did not deduct the premiums, the rebate is not taxed.
‎June 3, 2019
1:57 PM