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Thread: [Consolidated] 1099s for miles & cash rewards from all banks
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Old Apr 15, 2011, 11:36 am
  #82  
Keflyer
 
Join Date: Aug 2004
Posts: 514
Is this for your savings or checking account?
Is this for your savings or checking account? 250.00 for 10k miles seems abt much.

Originally Posted by gunpig
I received a 1099-INT for $250 for 10K miles. Was it incorrect for them to issue a 1099-INT since it wasn't interest? Should it have been a 1099-MISC?

The reason I ask is the IRS did make it sound like they could send a letter back to the issuer for any form of 1099 other than INT!

Thanks
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