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gomoho
02-09-2014, 06:32 PM
Assuming a job search expense to be legitimate - if you paid for airfare and hotel using points how would you convert those points to a cash value?

Jayhawk
02-09-2014, 08:32 PM
Assuming a job search expense to be legitimate - if you paid for airfare and hotel using points how would you convert those points to a cash value?

If you earned the miles from actual flying or through credit card rewards, they generally are not taxable. Therefore, I don't believe you have any way to covert them to cash value to in turn deduct as an expense.

Bonanza
02-09-2014, 09:05 PM
Assuming a job search expense to be legitimate - if you paid for airfare and hotel using points how would you convert those points to a cash value?

Truthfuly, I think the answer to your question is, "How good is your accountant??!?"