FlyerTalk Forums - View Single Post - Business Credit Card Spending Report to IRS?
Old Oct 24, 2017, 1:00 pm
  #8  
flyguy6
 
Join Date: Sep 2017
Programs: WN A-list., Marriott Plat, National EX, UA Silver
Posts: 289
Question

Originally Posted by ibleed0range
I recently got the Ink Plus Business Card to get the sign up bonus. I just listed my business as "my name LLC" and used my ssn, I never even got a tax ID. A friend of mine told me I have to report my credit card spending on business cards to the IRS. Is this true? What are the implications if I report I spent ~5K without any income?
I am in the same situation. I want to get a business card for the signup bonus and am wondering if I can just use I would need to use "my name LLC" and my ssn, since I don't have an official business. I am mainly wondering if the IRS will see that I listed "My Name LLC" on my card application and will start asking why I am not listing an income/taxes for this. Has anyone else done this and can share their experiences?
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