I just read an article that says that cash rebates from businesses are not taxable.
The last couple years I have been moving money around brokerage accounts for significant cash incentives. (beats the heck out of me why they do it, but that's another issue) I assumed they are taxable and have listed them under miscellaneous income, but the article made me wonder if I was doing it right. Perhaps there is a difference between an incentive and a rebate; but I am asking. thanks