FlyerTalk Forums - View Single Post - Is Citi going to send IRS 1099 for points/miles earning for CC bonuses / spend?
Old Jan 24, 2015, 1:46 pm
  #11  
FWAAA
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Join Date: May 2001
Location: LAX; AA EXP, MM; HH Gold
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Last August's Tax Court case had nothing to do with airline miles earned from credit card issuers, either sign-up bonus miles or miles earned on monthly purchases. They were Citibank points awarded for a deposit account.

"Free" toasters handed out for opening a bank account have always been income, and the airline ticket in this case was no different.

Will Citi take the position that AAdvantage miles awarded by Citi on AA-branded credit cards are reportable income? Who knows?

One thing is certain: The Tax Court case linked above is irrelevant to the issue of credit card miles.
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