Are the state and local rebates considered taxable income?
For example: The $2500 rebate from California and (in my case) the $3000 rebate from the Central Valley Air Quality District. Are they considered taxable income in California and by the Feds?
Thanks...
For example: The $2500 rebate from California and (in my case) the $3000 rebate from the Central Valley Air Quality District. Are they considered taxable income in California and by the Feds?
Thanks...