Do I Need to Worry About Taxes on Referral Earnings?

Written By JSB (Jason Brown)

Last updated 4 months ago

Possibly. It depends on how much you earn and where you live.

If your referral rewards go over the IRS reporting threshold in the United States, Cello will handle the necessary tax documentation and notify you directly. You can read more about their reporting process here:

πŸ”— Cello: Guidelines on Tax Reporting for Referral-Users in the US

Outside of that, different countries, states, and even counties may have their own criteria for when referral income needs to be reported. We recommend checking with your local municipality or a tax advisor to confirm whether you have any obligations based on the rewards you earn.

It’s always better to be safe and informed, especially if your referrals start to add up.