Mail in rebates????
Jul 25th 2004 | 8:27 am
#1
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Mail in rebates????
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Last edited by Slushpuppy; Jul 31st 2004 at 1:49 pm.
Jul 25th 2004 | 8:31 am
#2
UK & US Citizen
Joined: Jul 2003
Posts: 1,276
From: Grand Rapids, MI
Re: Mail in rebates????
Originally posted by Slushpuppy
Can anyone tell me if rebates given to you for purchasing certain items are classed as income, and are they taxable?
Can anyone tell me if rebates given to you for purchasing certain items are classed as income, and are they taxable?
Jul 25th 2004 | 8:46 am
#3
Sad old Crinkly Member
Joined: Sep 2003
Posts: 808
From: Tallahassee, Florida
I'm sure they are not. As long as the cash you used to purchase the item was 'tax paid' income.
Jul 25th 2004 | 11:51 am
#4
Mr. Grumpy
Joined: Jun 2003
Posts: 3,100
From: Nashville, TN
definitely not income
Jul 25th 2004 | 12:54 pm
#5
Lost in BE Cyberspace
Joined: Oct 2003
Posts: 22,105
How could it be classed as income if your actually getting a refund of money you've already paid?
And yes they take forever, its a ridiculous game over here. I think they must gamble on the fact that people can't be bothered to jump through a hoop and then wait 5 years (tad exageration) to get a measly $10 back.
And yes they take forever, its a ridiculous game over here. I think they must gamble on the fact that people can't be bothered to jump through a hoop and then wait 5 years (tad exageration) to get a measly $10 back.
Jul 25th 2004 | 1:58 pm
#6
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Last edited by Slushpuppy; Jul 31st 2004 at 1:50 pm.
Jul 25th 2004 | 2:24 pm
#7
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Joined: Aug 2003
Posts: 409
From: Baltimore, MD
I really hate rebates and 'cash back'. I mean WTF? I hand over the money to you, pay sales tax on it, and then a few months later you send me a cheque. WHy the heck not knock off the 'rebate' value at the cash desk? 
Jul 25th 2004 | 3:30 pm
#8
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Joined: Sep 2003
Posts: 4,525
From: Grand Rapids, MI
Originally posted by Slushpuppy
Im just asking because my husbands employers told him that it was classed as income. He works in the USA, for a UK agency, and is paid in pounds sterling into a UK bank.
Therefore he doesnt pay tax in Britain, or have earnings in the USA. But as I say he was told not to buy anything that gave a rebate as they were classed as earnings and as such he would have to start paying Americab taxes on ALL his income?!?!?!
Yes it is confusing but as I am the one who has bought something that had a $150 rebate linked to it, I was just worried that I would be interfering with his tax situation. And I have tried to find out more from an official source but have had no joy.
Im just asking because my husbands employers told him that it was classed as income. He works in the USA, for a UK agency, and is paid in pounds sterling into a UK bank.
Therefore he doesnt pay tax in Britain, or have earnings in the USA. But as I say he was told not to buy anything that gave a rebate as they were classed as earnings and as such he would have to start paying Americab taxes on ALL his income?!?!?!
Yes it is confusing but as I am the one who has bought something that had a $150 rebate linked to it, I was just worried that I would be interfering with his tax situation. And I have tried to find out more from an official source but have had no joy.
Ash
Jul 25th 2004 | 3:35 pm
#9
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Last edited by Slushpuppy; Jul 31st 2004 at 1:50 pm.
Jul 26th 2004 | 2:39 am
#10
Mr. Grumpy
Joined: Jun 2003
Posts: 3,100
From: Nashville, TN
if he lives in america then he should pay taxes on all him income irrespective of where it comes from...
Jul 26th 2004 | 2:50 am
#11
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Joined: Dec 2003
Posts: 1,583
From: Waukee, Iowa
Originally posted by BritGuyTN
if he lives in america then he should pay taxes on all him income irrespective of where it comes from...
if he lives in america then he should pay taxes on all him income irrespective of where it comes from...
Rebates are not income. Nor are refunds; not even tax refunds.
Jul 26th 2004 | 2:55 am
#12
Not living a 9 to 5 life
Joined: Jun 2002
Posts: 11,061
From: North Carolina
Originally posted by Slushpuppy
<<snip>>
Therefore he doesnt pay tax in Britain, or have earnings in the USA. But as I say he was told not to buy anything that gave a rebate as they were classed as earnings and as such he would have to start paying Americab taxes on ALL his income?!?!?!
Yes it is confusing but as I am the one who has bought something that had a $150 rebate linked to it, I was just worried that I would be interfering with his tax situation. And I have tried to find out more from an official source but have had no joy.
<<snip>>
Therefore he doesnt pay tax in Britain, or have earnings in the USA. But as I say he was told not to buy anything that gave a rebate as they were classed as earnings and as such he would have to start paying Americab taxes on ALL his income?!?!?!
Yes it is confusing but as I am the one who has bought something that had a $150 rebate linked to it, I was just worried that I would be interfering with his tax situation. And I have tried to find out more from an official source but have had no joy.
I also don't understand. You and your husband are living in the US but not paying tax in Britain. So, you should be paying tax in the US.
There's a reciprocal tax agreement between the UK and US but you should be paying income tax in one of the two countries...
Are you or your husband American? If that's the case, then at least one of you should be filing US taxes.
Jul 26th 2004 | 2:55 am
#13
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Joined: Dec 2003
Posts: 1,583
From: Waukee, Iowa
Originally posted by Slushpuppy
Therefore he doesnt pay tax in Britain, or have earnings in the USA. But as I say he was told not to buy anything that gave a rebate as they were classed as earnings and as such he would have to start paying Americab taxes on ALL his income?!?!?!
Therefore he doesnt pay tax in Britain, or have earnings in the USA. But as I say he was told not to buy anything that gave a rebate as they were classed as earnings and as such he would have to start paying Americab taxes on ALL his income?!?!?!
I suspect what your husband has been advised is to do nothing that would spark an interest in him, which might include a rebate cheque (although I'm not certain how).
Jul 26th 2004 | 3:15 am
#14
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Joined: Oct 2003
Posts: 961
From: Arizona
Originally posted by NC Penguin
Rebates are usually "mail in" rebates. If an item you want is like that, you certainly can buy it but not send in the rebate. I'm sure there's a lot of people who forget to mail in the rebate by the deadline and miss out getting some money back.
I also don't understand. You and your husband are living in the US but not paying tax in Britain. So, you should be paying tax in the US.
There's a reciprocal tax agreement between the UK and US but you should be paying income tax in one of the two countries...
Are you or your husband American? If that's the case, then at least one of you should be filing US taxes.
Rebates are usually "mail in" rebates. If an item you want is like that, you certainly can buy it but not send in the rebate. I'm sure there's a lot of people who forget to mail in the rebate by the deadline and miss out getting some money back.
I also don't understand. You and your husband are living in the US but not paying tax in Britain. So, you should be paying tax in the US.
There's a reciprocal tax agreement between the UK and US but you should be paying income tax in one of the two countries...
Are you or your husband American? If that's the case, then at least one of you should be filing US taxes.
Jul 26th 2004 | 3:22 am
#15
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Last edited by Slushpuppy; Jul 31st 2004 at 1:50 pm.
