FlyerTalk Forums - View Single Post - [Consolidated] 1099s for miles & cash rewards from all banks

Feb 7, 2012, 10:22 am

#420

EsquireFlyer

Formerly known as CollegeFlyer

Join Date: Jan 2004

Location: JRA

Programs: UA 1K MM, AA PLT, Hyatt Diamond, Marriott Gold, Hertz 5*

Posts: 6,716

Quote:

Originally Posted by triSSB

I received 1099 MISC from Citi as well for an account I opened in 2011. However, when I opened the account I was offered a promotion by the bank manager of receiving $125 OR 25,000 AA miles. I still have that promotion flyer in my possession. According to this offer $125 is equivalent to 25000 AA miles, thus the 1099 MISC issued should have been for $125 and not $625. Can I send a copy of this flyer with my tax returns and enter $125 as MISC income from Citi instead of $625?

That sounds like a good idea (although it would require filing on paper).
Maybe other people can even use this document to argue with Citi that they should change the 1099 vaulation to 1 cpm.

Reply