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I received a rebate from Horizon as part of their tax rebate from the government Do i need to claim this rebate?

Forum|Forum|7 years ago
June 3, 2019
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Best answer by KrisD15

It depends on how/what form they reported it on, but normally, no.

A rebate is just a "return of your money" so if the money was not used as a deduction on your tax return, it would not need to be claimed as income.

For example: If you paid a medical bill and later got a rebate or refund from the hospital, if you used that amount as a medical expense on your taxes, you would need to claim it, if you never did, you wouldn't.

KrisD15Answer

It depends on how/what form they reported it on, but normally, no.

A rebate is just a "return of your money" so if the money was not used as a deduction on your tax return, it would not need to be claimed as income.

For example: If you paid a medical bill and later got a rebate or refund from the hospital, if you used that amount as a medical expense on your taxes, you would need to claim it, if you never did, you wouldn't.

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