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Thread: What are Tax Limits to Earning Miles/Points??
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Old Dec 24, 2012 | 1:03 pm
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swag
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Originally Posted by Nottafatslob
What about taxes owed if you earn 100k airline miles or 500k??
This one we can answer, right?

In general, frequent flier miles earned from flying or from credit cards are not taxed.

Off the top of my head, the only cases I know where you'll get a 1099 for miles are:
- miles won as a prize in a contest, raffle, or sweepstakes.
- miles awarded as a bonus for Citi bank accounts (other banks don't do this, and Citi doesn't do this for credit cards, only for bank accounts)
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