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Thread: [Consolidated] 1099s for miles & cash rewards from all banks
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Old Apr 25, 2016, 3:27 pm
  #782  
greggarious
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Join Date: Sep 2013
Posts: 817
So to clarify, if I have a rewards credit card (ex: the WF 5% card), and I cash out those rewards, that is not taxable income? (Or is it just that banks are choosing not to issue 1099s? Subtle but important distinction!)
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