If I got cash rewards from a credit card (less than $300) where would I report this? Other income?

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If I got cash rewards from a credit card (less than $300) where would I report this? Other income?

Yes, you will enter as Miscellaneous income.

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If I got cash rewards from a credit card (less than $300) where would I report this? Other income?

Cash Rewards from a Credit Card are not taxable.

The IRS considers it a discount when you buy something.

buy for $ 1000.00 less 1% discount, save $ 10.00

If I got cash rewards from a credit card (less than $300) where would I report this? Other income?

That is true if it is a personal credit card. If this is a card used for business, it is other income.

@ozoneddddd

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