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Get your taxes done using TurboTax
The billing credits would potentially be taxable income if they exceeded the amount of the bill, that is, if the company was paying you to keep their service. I would look at it on a annual basis, if the net result for the entire year was the company paid you, that amount is probably taxable. Otherwise, discounts and rebates are not taxable.
‎October 5, 2021
6:39 AM