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Thread: [Consolidated] 1099s for miles & cash rewards from all banks
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Old Feb 20, 2011, 2:16 pm
  #3  
QL_714
 
Join Date: Sep 2009
Posts: 1,758
Originally Posted by WineCountryUA
if you earn interest/dividends on any account there will be an 1099 issued (if $1 or more).
Mile bonues do not carry a value and do not generate an 1099.
You sure about that? Most FI's do not issue 1099's for less than 10. Citi has been issuing 1099's for savings and checking bonuses including for miles.
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