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Membership Rewards Bonus Points Certificate Program Merchant User Guide March 2008 TABLE OF CONTENTS 1 Introduction.............................................................................................................................4
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What is membership rewards bonus points?
Membership rewards bonus points are points earned by members for making eligible purchases with participating credit cards.
Who is required to file membership rewards bonus points?
Cardholders who have earned membership rewards bonus points are required to report them when filing taxes.
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Membership rewards bonus points can be reported on Schedule B of the tax return form.
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The purpose of membership rewards bonus points is to incentivize cardholders to make purchases and earn rewards.
What information must be reported on membership rewards bonus points?
Cardholders must report the total amount of bonus points earned during the tax year.
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