Are rewards programs such as points on credit cards or cash rewards such as Walgreens taxable income? Credit cards sometimes let you pay for your purchases with points, or may give you a statement credit.

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Are rewards programs such as points on credit cards or cash rewards such as Walgreens taxable income? Credit cards sometimes let you pay for your purchases with points, or may give you a statement credit.

No. Points or cash back from a previous purchase are not taxable income.

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