Originally Posted by
daveland
I just got a call from Citi to alert me to the fact that they have issued me a 1099 to tax the value of all the Thank You Points I *REDEEMED* in 2011.
Not earned, not from a bonus, and not from the bank side - just points I got instead of a 1 or 2% cash back on my Citi Credit Cards and REDEEMED.
My goodness. Citi may as well rename Thank You Points as F You Points, with these ridiculous taxes they are hitting you with, without notice, a year later!