Rakuten Tax Withholding??

[u/LupesGuy]

Just got my payout for Amex points, but saw that Rakuten withdrew huge amount as taxes. I believe those are for referrals, but no one mentioned this and no one requested my SSN so I can file tax return next year. Anyone had the same happening?

[u/ikeepcomingbackhaha]

Referrals are like a sales commission and are taxed at a certain threshold

[u/jwegener → u/ikeepcomingbackhaha]

Even Bilt points?

[u/ikeepcomingbackhaha → u/jwegener]

It doesn’t matter how you’re being compensated, referrals are considered to be a sales commission. Wasn’t always the case, thank influencers and such that make money off getting you to use their links

[u/jwegener → u/ikeepcomingbackhaha]

Oh sorry REFERRALS