EVGATech_LeeM

Hoggle

Nereus
Which brings to mind the next question - will these cash payouts be considered taxable income and reported to IRS?

Any income from any source would need to be reported to the IRS as income.

With regards to taxes, here's what we have in our Terms:

• Members who tender at least 1200 EVGA Bucks ($600 or more) will be provided an IRS 1099 form. This form must be filled out by participant and provided back to EVGA within 10 days to participate in the exchange process. As a reminder, all EVGA Bucks must be exchanged at once, and cannot be exchanged in partial amounts over a period of time. Failure to submit a complete and accurate IRS 1099 form will result in exclusion from the Program.

Anything below $600USD you would be expected to report yourself.

Can we use the EVGA bucks to buy a product and then the remaining amount to exchange to USD?

EVGATech_LeeM

Cancel077

EVGATech_LeeM

Hoggle

Nereus
Which brings to mind the next question - will these cash payouts be considered taxable income and reported to IRS?

Any income from any source would need to be reported to the IRS as income.

With regards to taxes, here's what we have in our Terms:

• Members who tender at least 1200 EVGA Bucks ($600 or more) will be provided an IRS 1099 form. This form must be filled out by participant and provided back to EVGA within 10 days to participate in the exchange process. As a reminder, all EVGA Bucks must be exchanged at once, and cannot be exchanged in partial amounts over a period of time. Failure to submit a complete and accurate IRS 1099 form will result in exclusion from the Program.

Anything below $600USD you would be expected to report yourself.

Can we use the EVGA bucks to buy a product and then the remaining amount to exchange to USD?

EVGA Bucks can still be used on store purchases the same way they've always been until September 13th.  Until that time, you can use any or all of your EVGA Bucks on the store, and then elect to convert to cash the remainder on the last day the promotion is available. 
 
What you cannot do is request conversion and then spend EVGA Bucks you don't have.  I know that sounds dumb, but I just want people to understand that you don't have to make a decision today about what you want to do with your EVGA Bucks.

Yeah it makes sense! Thanks for the quick response!

It would be great obviously if EVGA extends the deadline past the 90 days, say end of the year and will allow us to use it for the 40 series like some have been waiting. But I completely understand and have no grudge against EVGA or anyone at that. I will still only be buying EVGA lol.

Thanks for the response!

Thanks for the kind words.

enewt jr. remains adamant that it is the only correct pronunciation.

As an aside, with this morning’s news, I changed into the “I survived the queue” EVGA shirt. It has been a constant reminder today of the ride we’ve been on.

Niiiice!

the_Scarlet_one
While I didn’t exactly benefit from the associate program when it comes to bucks, so it is very nice to see that the discount will still apply and we can benefit from that.

I have been considering picking up an EVGA 1600 T2 anyway, and this will make it so that I almost have the entire thing covered in total, even if the 1600 is overpowered for what I need.

The 1600W T2 is on sale right now (instant rebate), down from $589 to $349, so your timing is great!
 
I have a 1000W T2 which has been ticking along flawlessly for the last 18 months. I'm tempted to get a new PSU just because the prices are heavily dropped, but it would be a bit pointless.
 
 

EVGATech_LeeM

Hoggle

Nereus
Which brings to mind the next question - will these cash payouts be considered taxable income and reported to IRS?

Any income from any source would need to be reported to the IRS as income.

With regards to taxes, here's what we have in our Terms:

• Members who tender at least 1200 EVGA Bucks ($600 or more) will be provided an IRS 1099 form. This form must be filled out by participant and provided back to EVGA within 10 days to participate in the exchange process. As a reminder, all EVGA Bucks must be exchanged at once, and cannot be exchanged in partial amounts over a period of time. Failure to submit a complete and accurate IRS 1099 form will result in exclusion from the Program.

Anything below $600USD you would be expected to report yourself.

How does this work for Canadians with 1200 EVGA Bucks or more?  I assume that EVGA will process the exchange without the IRS 1099 form?

It's been a great program and a nice reward to everyone who is loyal to EVGA.  Thank you for keeping it running as long as you did and also thanks to everyone who used my code over the past couple of years.

Nereus

piggradio
It's been a great program and a nice reward to everyone who is loyal to EVGA.  Thank you for keeping it running as long as you did and also thanks to everyone who used my code over the past couple of years.

!target @piggradio with a handful of EVGA Bucks!
 

!target Nereus with a high five and a shoutout from Chippy.  :-)

Hopefully this will end a lot of drama on the forums

austin86

nomoss
Hopefully this will end a lot of drama on the forums

There was drama related to the EVGA bucks/Associates program ?

Associate code spam threads.

THANK YOU EVGA!  
Thank you for the associate program! I will have to give up hoping for a 4000 card but am hoping a 2080Ti blower card (for my SFF build) will show up in b stock so I can use EVGA bucks for that. 


 
 
 
 

Nereus

 
 

LOL! And yes, it loaded before the image was removed, so my lol is referencing all parts of your post.

the_Scarlet_one

Nereus

 
 

LOL! And yes, it loaded before the image was removed, so my lol is referencing all parts of your post.

Added it back for you   and here's a bonus one:
 

 
 

I really do not see why you are stopping the program. There were other ways to do this with out not rewarding us dedicated EVGA customers. For example why give the buyer 10% discount when you could give them 5% and the associate the other 5%. As it is now other then to get a 10% discount when making a purchase the code is useless.
 
I believe last year alone I had purchased $20k in products for myself and family members. Though, it was from the only place i could get them, MicroCenter.  The main reason I liked the program was because of the bucks. That way I did not have to ask my wife permission to purchase other items. Now that that is gone guess its time to close my associates account.
 
I was also sad when I could not purchase a mother board from EVGA or from any other place in the past 2 years. I had to use a competitors mother board.
 
I just hope that the customer service stays #1 in the industry and doesn't sunset like the bucks are.
 
Just my 2Cents.