FlyerTalk Forums - View Single Post - New 40K miles promotion to open a CITI checking account
Old Jul 24, 2019, 12:19 pm
  #11  
beachfan
 
Join Date: Sep 2002
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Originally Posted by LINDEGR
Yes, to clarify based on Citibank's valuation of the miles. Often at a unrealistically high value!
The 1099 is based on Citibanks valuation, but you are not bound be that. I believe you can restate it at a more realistic value (that you can support).

I haven't done it however, too much of an annoyance.
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