Using miles/points for business and claiming a writeoff?
Hey Folks,
So this year I decided to use miles for business trips, I was wondering if I could claim the use of them as a business expense? Theory being that Citi et al issue 1099 for miles over $600 with an assigned perceived value.
EG 70K RT to Tokyo using Citi's model 2.5Cents each (AA) would be a value of $1750...
Thoughts?