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Author Topic: IRS FF MILES-TAXED?  (Read 1072 times)

Offline churnbabychurn

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IRS FF MILES-TAXED?
« on: October 21, 2012, 10:40:36 PM »
[http://www.irs.gov/pub/irs-drop/a-02-18.pdf]

What do you guys think, When it says "converted to cash"- They mean selling miles? so its Gross income?
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Offline AJK

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Re: IRS FF MILES-TAXED?
« Reply #1 on: October 21, 2012, 11:11:56 PM »
No need for caps in the title, IMHO.

But, yes, that would be one way they'd qualify as gross income AFAIK.
« Last Edit: October 21, 2012, 11:16:20 PM by AJK »
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Offline churnbabychurn

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Re: IRS FF MILES-TAXED?
« Reply #2 on: October 21, 2012, 11:23:08 PM »
was a typo sry
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