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do i need to file the reward money(cash) from Credit Card’s reward program as income tax?

November 23rd, 2009
Question C asked:


is there any irs document talk about that? Also, does the credit card company need to submit the tax information about they give out the money to the reward member?
can’t find the details about “non-deductible expense” in irs.gov for these kinds of situation. I would like to see some more information for this.

thank you

Kristie


Filed under: United States | Tags: ,
November 23rd, 2009 16:30:12

Unemployed and just received my prepaid debit card. I got money on it and what happens when i use up the card?

September 17th, 2009
dalegirl asked:


Unemployed since last year and received beneifits and an extention. Now i recently applied for another extention and just got a prepaid debit card with money on it already. I been spending money like crazy and once the money is gone, do i keep filling and receive more money on the card every other week for 13 weeks ?

Von

Filed under: United States | Tags: ,
September 17th, 2009 07:14:06

can you load your tax refund as direct deposit on a the walmart money card from the irs directly?

May 10th, 2009
Sandra D m asked:


can you select direct deposit for your tax refund and have the irs load it to the walmart money card as it is a bank.

Clarice

Filed under: United States | Tags: ,
May 10th, 2009 05:12:28

I used my debit card to pay my fed taxes; will the stimulus refund be credited to that- or will I get a check?

April 03rd, 2009
blackie287 asked:


I owed about $70.00 on my federal taxes and paid this using my debit card. Will they just credit my debit card, or will I be mailed a hardcopy check?

Augustus

Filed under: United States | Tags: ,
April 03rd, 2009 15:56:06

Can IRS take money from my credit cards?

April 03rd, 2009
PL asked:


Can the IRS take money of my credit cards as a levy? I don’t mean can I pay them with my credit card — I know I can. My concern is can IRS contact my creditors and just take money of my cards and then leave me hanging with the outrageous cash advance fees? I “heard from a friend” that the IRS can intercept credit card payments for a levy as well. Any truth?

Celia

Filed under: United States | Tags: ,
April 03rd, 2009 12:22:52