The consensus seems to be "not taxable" (at least at this time), with the caveats to:1) make sure not to exceed retirement account contribution limits, and 2) further explore this question if your cashback is related to:(a) expenses you take as tax credits or deductions (b) expenses reimbursed by your employer(c) determining the original cost basisvkg linked to an interesting article:http://www.creditcards.com/credit-card-news/frequent-flier-r...Thanks for the feedback everyone...KMp.s. The links to the other threads:CCs and Consumer Debt: boards.fool.com/Message.asp?mid=28432206&sort=wholeCredit as a Tool: boards.fool.com/Message.asp?mid=28432204&sort=whole
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