Originally Posted by MRTHNMAN (Post 14808849)

can anyone who participated in one of these promotions tell me if thats how long it took ?

Originally Posted by MRTHNMAN (Post 14808849)

can anyone who participated in one of these promotions tell me if thats how long it took ?

Originally Posted by MRTHNMAN (Post 14805337)

I did the TD ameritrade deal & got the first half of my miles right away , does anyone know how long it takes for them to post the second half of the miles ?

Originally Posted by GetawaysRus (Post 14287872)

Please allow 6 weeks from account funding for miles to appear in the AAdvantage account.

Originally Posted by onthego15 (Post 14457183)

Allow 6 weeks from account funding for the first half of Starpoints to appear in the Starwood Preferred Guest account. To qualify for the second half, TD AMERITRADE account must remain open with minimum funding required for participating in the offer for 6 months from the first Starpoints posting date. Points will appear in the Starwood Preferred Guest account within 6 weeks.

Originally Posted by yojimbo (Post 14288686)

Does anyone know if taking advantage of these offers triggers the issuance of a 1099 form from TD Ameritrade?

Originally Posted by dhuey (Post 14818258)

I've never received one for these brokerage account bonus offers. It's not an interest or dividend payment, nor is it a prize. It's simply a benefit you receive for opening an account with certain minimums, and that's not income to you.

Originally Posted by josephstern (Post 14288999)

Interesting. Fidelity went up to 50K miles for $100K deposit.

May we all be the beneficiaries of this competition!

Unfortunately for me, I've done accounts at both TD Ameritrade and Fidelity, for both myself and my wife. Maybe some other brokerage will enter the ring.

Originally Posted by traveladdictdc (Post 14837857)

I have an older TD Ameritrade account that is a joint with right of survivorship account with my husband and I. Are your accounts individial accounts or JROS? I am wondering what happens if my husband tries to open an individual account if I am the primary on the old account, particularly since we never received a miles bonus for our ancient account. any thoughts?

Originally Posted by MyTravels (Post 14830784)

In some instances yes they have sent 1099's. I can't recall the "value" cutoff. Since the IRS doesn't consider miles income I think miles are valued at $0.00 while physical items (Golf Clubs, etc) are valued at MSRP and gift cards at face value.

Originally Posted by dhuey (Post 14840189)

Hold on there -- the IRS has never taken a blanket position that miles are not considered income. What it has done is say essentially that miles earned on business trips need not be reported as employee compensation (i.e., no FICA tax and no income tax for employee).

If a bank were to pay you miles instead of cash as interest on a CD, that would certainly be reportable interest income. Account opening bonuses, however, are not like interest. You can invest the money however you want in your account. It's a non-taxable enticement to do business with them.

Originally Posted by steve cohen (Post 14943951)

i tried getting them to extend this promotion and they said no. they only have a promotion for apple gift cards for min of 75,000

Originally Posted by Cheer dad (Post 14944906)

Got the same answer