Are gift cards considered non-cash? [1]
No, gift cards are considered the same as cash and are taxable in any amount.
FAQ Set:
No, gift cards are considered the same as cash and are taxable in any amount.
Links
[1] https://busfin.osu.edu/faq/are-gift-cards-considered-non-cash
[2] https://busfin.osu.edu/faq-set/payroll-faq-non-cash