FlyerTalk Forums - View Single Post - [Consolidated] 1099s for miles & cash rewards from all banks
Old Feb 4, 2012, 6:19 pm
  #408  
dhuey
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From what I've seen Citi was right to file 1099s, but they made two mistakes: i) they should filed 1099-INT forms (rather than 1099-MISC) and ii) the FMV of the miles should have been way lower -- probably somewhere between 1 and 1.5 cents per.
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