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Old 02-24-2007, 11:44 PM
goodgrief goodgrief is offline
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Join Date: Apr 2006
Posts: 480
Default Re: Is rakeback income?

A rebate or discounted price is not income. When you buy something on sale, you don't pay tax. When you get a rebate from the auto dealership, you don't pay tax. Seems pretty straight forward to me.
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