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  • Valuing frequent flier miles on your tax return
  • April 15, 2015
  • The IRS treats reward miles like coupons or rebates, not like income or expenses. That means you won't be taxed on miles earned, but you also can't treat an award trip as an expense

  • View more at: http://www.creditcards.com/credit-card-news/valuing-frequent-flier-miles-tax-return-1433.php?aid=2741cce8&rss_lnk=25