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Rapid Reward Points value

Amy49
New Arrival

My husband recently used RR points for a trip.  He found out that the trip is a tax deductible expense.  How does he convert the points to a dollar amount?

1 REPLY 1

Re: Rapid Reward Points value

chgoflyer
Top Contributor

You can't deduct award flights. Frequent flyer miles (or points on Southwest) are not taxable when earned, and consequently, mileage redemptions do not generate tax deductions.