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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

Filed under: Other - Taxes | Tags: ,
January 28th, 2009 12:03:18