<p>3bm103 - no, I’m a tax advisor, so I know what I’m talking about. $10 is for interest from a bank account. Rebates are part of the $600 threshold. The IRS is very clear about this - rebates are only non-taxable if they are used to reduce the price of a purchase. They are not considered a reimbursement. The IRS issued guidance on this last year in February after Citibank issues 1099’s for airline miles given when customers opened new accounts - not exactly the same issue, but their guidance covered all sorts of bank payments, including rebates for ATM fees.</p>
<p>I no longer have the link to the IRS guidance, but there here are a couple of news articles discussing it:</p>
<p>[Reward</a> Point ‘Gifts’ are Taxable, Says the IRS | Fox Business](<a href=“http://www.foxbusiness.com/personal-finance/2012/01/31/reward-point-gifts-are-taxable-says-irs/]Reward”>http://www.foxbusiness.com/personal-finance/2012/01/31/reward-point-gifts-are-taxable-says-irs/)
[Rebates:</a> Sometimes they are taxable, other times not - Baltimore Sun](<a href=“Consumers unhappy to find some rebates are taxable”>Consumers unhappy to find some rebates are taxable)</p>
<p>Don’t rely on the fact that you don’t get a tax document to mean it’s not taxable.</p>