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Level 2
posted Feb 8, 2024 1:01:43 AM

is refund taxable?

Hi 

 

Recently I moved home and received one refund  prepaid card, which is the refund of my internet account. Previously I had another refund for returning one clothes. I think they are not income and therefore I do not need to report any tax for it, right?

 

J

0 2 362
2 Replies
Level 15
Feb 8, 2024 5:38:35 AM

No ----those are not taxable and do not get entered on a tax return.    

Level 2
Feb 8, 2024 10:57:09 AM

thanks