Is money received from cash back websites/apps (ebates/rakuten, ibotta, sams club rewards etc.) taxable? Thank you.
You'll need to sign in or create an account to connect with an expert.
Generally, no. It reduces the purchase price. So make sure that if it were a business purchase, you reflect the cashback as a reduction of the price.
Not taxable. Cash back money is considered price reduction.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
vanwilbur
New Member
jl_brooks
Level 1
jayolinger
New Member
KaitlinSimone93
New Member
Moneygone12
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.