Cashback & rewards on your books
Why the cashback and points you earn aren't taxable revenue, and how we record them.
Cashback & rewards on your books
Credit-card cashback, points, and statement credits aren't sales — so they aren't taxable revenue. We record them separately (as a rewards or non-operating item) so they don't inflate your income.
We're expanding this guide
A fuller explainer is on the way.
What this article will cover
- Why rewards aren't revenue
- How statement credits that pay down a balance are handled
- Where these show up on your reports
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