FlyerTalk Forums - View Single Post - Chase 1099 for referral & other bonuses: paperless, retention, etc [Consolidated]
Thread: Chase 1099 for referral & other bonuses: paperless, retention, etc [Consolidated]
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Old Apr 9, 2022 | 7:37 pm
  #87  
mia
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Originally Posted by Skytizen
When someone is allotted a sign on bonus - i.e. they didn't do ANYTHING to get the points - CPAs view that the value of this is taxable..
New account bonuses for bank accounts are taxable, but new account bonuses for credit cards are not, and Chase understands the regulations. They could make an error, but it isn't general practice.
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