View Single Post
  #2 (permalink)  
Old 09-08-2007, 12:58 AM
safari's Avatar
safari safari is offline
$ Saving College Freshman
 
Join Date: Aug 2006
Posts: 554

Points: 4430.80
Donate
Default

No, you don't need to claim cash back money as income on your tax return. Cash back is similar to rebates, where you get part of the purchase price refunded to you. You don't earn any income that way, so there is nothing to declare.
Reply With Quote