FlyerTalk Forums - View Single Post - 1099-C issued when redeeming Chase points?
Old Feb 1, 2019 | 9:10 am
  #2  
mia
Flyertalk Posting Legend Moderator: Credit Card Programs, American Express, Capital One, Chase, Citi, Diners Club, Eco Travel, Signatures
10 Countries Visited
20 Nights
2M
20 Years on Site
 
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA, IHG & Marriott Platinum; DL & HH Gold
Posts: 51,827
Points earned by credit card spending is not taxable, because it is a partial refund of your own money. Points earned by referring others to apply for the card, or through banking activity (opening an account, taking a mortgage, etc) would be taxable.

Extensive discussion here:

[Consolidated] 1099s for miles & cash rewards from all banks

New discussion here:

AMEX sending out 1099s for referral bonuses
mia is online now