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I dont own a business and am just a regular executive member. I am not sure if I need to report Costco reward gift certificate when filing my tax returns? Is there a threshold or certain dollar amount where you would need to?
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You are correct. You do not need to report the Costco reward gift certificate on your tax return, and you do not have to pay taxes on any cash received back from Costco as a result of the award.
You are correct. You do not need to report the Costco reward gift certificate on your tax return, and you do not have to pay taxes on any cash received back from Costco as a result of the award.
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