JBat
Member
The company I work for has one of those recognition services where colleagues can gift you points that you can redeem for stuff or gift cards. I have enough points that I can cash out into best buy gift cards to make a lg ultra gear 45" OLED monitor almost half off. So worth about 650 USD. The catch, as I understand, is that this would be considered as gift cards received from my employer and taxed as income. Anyone have experience with one of these services? I'm assuming doing this would end up being about 1/3 of the persevered value after income and sales tax. Am I thinking about this right? The monitor is on sale at the moment at best buy plus the "free" money makes it pretty tempting but if it's taxed to hell and back I don't want to bother. Cheers to my follow wage slaves!