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MAILING REBATE OFFER VALID 08/01/2022 10/31/2022GETUP TO$42!CASH BACKPurchase up to six 5quart containers of CIT GO SUPERCAR Full Synthetic Oil, CIT GO SUPERCAR Full Synthetic Ultralight Oil, or CIT

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How to fill out cash back

01

Find a store or website that offers cash back rewards

02

Make a purchase using a credit card linked to a cash back program

03

Keep track of your purchases and ensure they qualify for cash back rewards

04

Check your account regularly for any earned cash back rewards

05

Redeem your cash back rewards in the form of statement credits, checks, or gift cards

Who needs cash back?

01

Anyone looking to earn money back on their purchases

02

Individuals who make frequent purchases and want to maximize savings

03

People who are disciplined with credit card usage and can pay off balances in full regularly

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What is cash back?

Cash back is a financial incentive offered by credit card companies, retailers, and online platforms where a percentage of the amount spent is returned to the cardholder in the form of a cash reward.

Who is required to file cash back?

Anyone who has received cash back rewards from credit card companies, retailers, or online platforms is required to report it on their tax return.

How to fill out cash back?

Cash back rewards should be reported as income on your tax return under 'Other Income' section. Make sure to keep records of the amount received and the source of cash back.

What is the purpose of cash back?

The purpose of cash back is to incentivize spending and encourage consumers to use specific credit cards or shop at particular retailers.

What information must be reported on cash back?

Cash back rewards received, the source of cash back (credit card company, retailer, online platform), and any related expenses or deductions.

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