Originally Posted by
rbessler
I saw this mentioned over at FatWallet -- apparently a 1099-misc is triggered for redemptions over $600 on ThankYou points resulting from *bank account bonuses* -- which need to be treated as interest. Credit card points, etc. shouldn't trigger it.
Yes, they were running a promo for Citigold accts who invested in a "special" money market acct (back in April or May of 2008), in conjunction with the typ system; it probably was the combination of all of these which triggered my 1099-misc.