Okay, so the same principle would apply even if they gave me the phone itself for free on top of free services? Similar to a car trade-in, as long as any discount does not exceed the cost that the new item is being purchased or traded for, there is no capital gains tax or income tax, correct? Then again, this would only be taxable if they sent me actual cash or checked funds that exceeded the cost of the item being purchased. And if it were taxable, I would probably receive a tax form from the vendor to include in my tax filings as other income reported, right?
