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I received a rebate from Horizon as part of their tax rebate from the government Do i need to claim this rebate?
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I received a rebate from Horizon as part of their tax rebate from the government Do i need to claim this rebate?
It depends on how/what form they reported it on, but normally, no.
A rebate is just a "return of your money" so if the money was not used as a deduction on your tax return, it would not need to be claimed as income.
For example: If you paid a medical bill and later got a rebate or refund from the hospital, if you used that amount as a medical expense on your taxes, you would need to claim it, if you never did, you wouldn't.
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I received a rebate from Horizon as part of their tax rebate from the government Do i need to claim this rebate?
It depends on how/what form they reported it on, but normally, no.
A rebate is just a "return of your money" so if the money was not used as a deduction on your tax return, it would not need to be claimed as income.
For example: If you paid a medical bill and later got a rebate or refund from the hospital, if you used that amount as a medical expense on your taxes, you would need to claim it, if you never did, you wouldn't.
- Mark as New
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I received a rebate from Horizon as part of their tax rebate from the government Do i need to claim this rebate?
- Mark as New
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