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Thread: [Consolidated] 1099s for miles & cash rewards from all banks
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Old Feb 10, 2012, 9:50 pm
  #462  
EsquireFlyer
Formerly known as CollegeFlyer
 
Join Date: Jan 2004
Location: JRA
Programs: UA 1K MM, AA PLT, Hyatt Diamond, Marriott Gold, Hertz 5*
Posts: 6,716
Originally Posted by daveland
I just got a call from Citi to alert me to the fact that they have issued me a 1099 to tax the value of all the Thank You Points I *REDEEMED* in 2011.

Not earned, not from a bonus, and not from the bank side - just points I got instead of a 1 or 2% cash back on my Citi Credit Cards and REDEEMED.
My goodness. Citi may as well rename Thank You Points as F You Points, with these ridiculous taxes they are hitting you with, without notice, a year later!
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