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How does the value of ShiftRewards points affect my annual income and when are taxes paid?

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How does the value of ShiftRewards points affect my annual income and when are taxes paid?

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Points do not effect your income when they are earned, only when they are redeemed for merchandise from the ShiftRewards catalog. When points are redeemed, the monetary value of the points will be automatically added to your taxable earned income and will be included on your W-2 form at the end of the calendar year. Whether or not redeeming points for merchandise in the ShiftRewards catalog on BidShift significantly effects your annual income depends on the number of points that you redeem each year.

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