Yes. Money credited to your Dosh Wallet for referring other people is taxable. If you redeem $600 or more in rewards via transfer into your bank, Venmo, or PayPal account in a calendar year, Dosh will issue a 1099 to both you and the IRS. For more information, please email: firstname.lastname@example.org.
*Please note: You will not be taxed on cash back you have earned. Taxable income includes only card linking or referral bonuses.
Have a question about your 1099 form? Email our financial team here!