Do I have to pay taxes I get money from credit card checks?
January 28th, 2009
Manuel P asked:
I cash checks from credit cards that I use and place into my free checking account. Since the money is placed into the free checking account, I do not earn any interest, but I pay interest to the credit cards for the money I borrowed. And, I use the credit card checks to pay bills. Is this money taxable?
Rupert
I cash checks from credit cards that I use and place into my free checking account. Since the money is placed into the free checking account, I do not earn any interest, but I pay interest to the credit cards for the money I borrowed. And, I use the credit card checks to pay bills. Is this money taxable?
Rupert
