FlyerTalk Forums - View Single Post - [Consolidated] 1099s for miles & cash rewards from all banks
Old Apr 15, 2011, 12:49 pm
  #85  
dhuey
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Originally Posted by eknock007
So is it safe to assume if you receive a 1099 for these miles and if your miles expire, then you will be able to write then off on your tax return.
Not safe at all; you had something of value and you let it go to waste. It'd be like getting a free bike as interest, leaving it outside and letting the weather ruin it. You owe taxes on the bike, regardless.
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