We issue rebates for large appliances to customers that range from $50 up into thousands of dollars...


Q. (cont.) If they purchase an appliance and submit the rebate card, we send the customer the rebate. Do we report this on a 1099?

A. No, you do not have to issue a 1099 for rebate payments. Rebates, discounts and refunds are not reportable. We have confirmed this in the past with the IRS.

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