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Rapid Reward Points value

Amy49
Explorer C

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
Aviator A

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.