E-rewards [Master Thread]
#4576




Join Date: Dec 2008
Location: San Antonio
Programs: AA, SWA, CO, UA, PC Plat, HH Gold, SPG
Posts: 855
I received my 1099-NEC yesterday and I was pleased with the way they valued my rewards. Gift cards are valued 1:1, i.e. at $25 each mostly. Hotel points and Magazines are valued at a very low dollar amount...about 1/15th of the true value (if you actually use the points) as far as I can tell.
#4577




Join Date: Jan 2006
Location: CNF
Programs: Priority Club, TAM Fidelidade, BAEC, Marriott Rewards
Posts: 2,205
#4579




Join Date: Dec 2008
Location: San Antonio
Programs: AA, SWA, CO, UA, PC Plat, HH Gold, SPG
Posts: 855
I just received mine today (for the first time) by snail mail.
#4580




Join Date: Dec 2008
Location: San Antonio
Programs: AA, SWA, CO, UA, PC Plat, HH Gold, SPG
Posts: 855
I received my 1099-NEC yesterday and I was pleased with the way they valued my rewards. Gift cards are valued 1:1, i.e. at $25 each mostly. Hotel points and Magazines are valued at a very low dollar amount...about 1/15th of the true value (if you actually use the points) as far as I can tell.
Anyway I was hoping you or some of the other smart folks here might have been down this road before and could offer some advice :-)
#4581



Join Date: Aug 2012
Location: VPS
Programs: IHG Platinum, Delta SM, Atmos Silver, Hilton Gold, Accor Gold, Marriott Gold, Hyatt Discoverist
Posts: 8,165
I've put my cash earnings from other survey panels down as hobby income in previous years and never had an issue with it. It's typically been $3K or less.
For those who got a 1099-NEC did e-Rewards let you know it was coming or did it just show up? Haven't heard anything from e-Rewards about me getting one and I'd like to go ahead and deal with taxes but I obviously can't do that if I'm short a form.
For those who got a 1099-NEC did e-Rewards let you know it was coming or did it just show up? Haven't heard anything from e-Rewards about me getting one and I'd like to go ahead and deal with taxes but I obviously can't do that if I'm short a form.
#4582
FlyerTalk Evangelist




Join Date: Aug 2001
Location: SF CA USA. I love large faceless corporations. And they cherish me in return (sometimes). ;)
Programs: UA Premier Gold/disappointed 1MM, HH Gold, IHG Plat, MB lifetime Gold, BW Diam Sel
Posts: 17,819
Do you have past experience with this? I got my first 1099-NEC today for $775 for the gift cards I redeemed for last year. Entering the form on TurboTax opened a few cans of worms. The first was what kind of employee was I. Instead of the default there was one choice that said the income was from what I considered a hobby or something I did occasionally (but was warned that response would get more scrutiny - even though I feel that's the right category). If I took the default a Schedule C was opened, I had to name my business, etc etc etc - had to pay self employment tax ($120) and the full 15% SS (I did see part of that was refunded on the form). But then I caught that I now had $755 in "earned income" - something I haven't had since 2006 :-) That immediately made me wonder about putting that money in my traditional IRA which it said I could do - and that cut the increase in my taxes from $240 to about $50. When I went back and checked the "hobby" block my $240 in increased tax dropped to about $120 (eliminated the self employment tax and SS I assume) - BUT it didn't classify the $775 as "earned income" but instead listed it as "additional income." So no IRA option...
Anyway I was hoping you or some of the other smart folks here might have been down this road before and could offer some advice :-)
Anyway I was hoping you or some of the other smart folks here might have been down this road before and could offer some advice :-)
If you are not an employee but the amount in box 1 is not selfemployment (SE) income (for example, it is income from a sporadic activity or a hobby), report the amount shown in box 1 on the Other income line (on Schedule 1 (Form 1040)).
#4583




Join Date: Mar 2010
Location: PHL
Programs: AA Executive Platinum; Hilton Diamond
Posts: 2,753
#4584




Join Date: Mar 2010
Location: PHL
Programs: AA Executive Platinum; Hilton Diamond
Posts: 2,753
I received my 1099-NEC yesterday and I was pleased with the way they valued my rewards. Gift cards are valued 1:1, i.e. at $25 each mostly. Hotel points and Magazines are valued at a very low dollar amount...about 1/15th of the true value (if you actually use the points) as far as I can tell.
Do you have past experience with this? I got my first 1099-NEC today for $775 for the gift cards I redeemed for last year. Entering the form on TurboTax opened a few cans of worms. The first was what kind of employee was I. Instead of the default there was one choice that said the income was from what I considered a hobby or something I did occasionally (but was warned that response would get more scrutiny - even though I feel that's the right category). If I took the default a Schedule C was opened, I had to name my business, etc etc etc - had to pay self employment tax ($120) and the full 15% SS (I did see part of that was refunded on the form). But then I caught that I now had $755 in "earned income" - something I haven't had since 2006 :-) That immediately made me wonder about putting that money in my traditional IRA which it said I could do - and that cut the increase in my taxes from $240 to about $50. When I went back and checked the "hobby" block my $240 in increased tax dropped to about $120 (eliminated the self employment tax and SS I assume) - BUT it didn't classify the $775 as "earned income" but instead listed it as "additional income." So no IRA option...
Anyway I was hoping you or some of the other smart folks here might have been down this road before and could offer some advice :-)
Anyway I was hoping you or some of the other smart folks here might have been down this road before and could offer some advice :-)
I've put my cash earnings from other survey panels down as hobby income in previous years and never had an issue with it. It's typically been $3K or less.
For those who got a 1099-NEC did e-Rewards let you know it was coming or did it just show up? Haven't heard anything from e-Rewards about me getting one and I'd like to go ahead and deal with taxes but I obviously can't do that if I'm short a form.
For those who got a 1099-NEC did e-Rewards let you know it was coming or did it just show up? Haven't heard anything from e-Rewards about me getting one and I'd like to go ahead and deal with taxes but I obviously can't do that if I'm short a form.
Last edited by apeortdz; Feb 5, 2022 at 7:09 am
#4585




Join Date: Dec 2008
Location: San Antonio
Programs: AA, SWA, CO, UA, PC Plat, HH Gold, SPG
Posts: 855
I've put my cash earnings from other survey panels down as hobby income in previous years and never had an issue with it. It's typically been $3K or less.
For those who got a 1099-NEC did e-Rewards let you know it was coming or did it just show up? Haven't heard anything from e-Rewards about me getting one and I'd like to go ahead and deal with taxes but I obviously can't do that if I'm short a form.
For those who got a 1099-NEC did e-Rewards let you know it was coming or did it just show up? Haven't heard anything from e-Rewards about me getting one and I'd like to go ahead and deal with taxes but I obviously can't do that if I'm short a form.
Thanks to those that responded to my questions - I appreciate it!
The only notice I got was the request for info a few months ago so they could send the 1099 if needed. No anything after that until the 1099 showed up yesterday :-)
#4586




Join Date: Jul 2004
Location: Washington, DC
Programs: UA Premier Gold, AA, DL, IHG Platinum Amb, Marriott Gold, Hilton Silver, National Executive Elite
Posts: 1,688
#4587




Join Date: Dec 2012
Location: UK
Programs: BAEC Silver, VS Red, HH Gold, IHG Gold, Marriott Gold, SPG Basic, Alitalia Status Match
Posts: 1,183
It is a quality check survey run by a company called Imperium (I think). If they don't like your answer you don't get the survey it's attached to, that needs 'good quality respondents'. But they don't seem to record your result and re-use it on other surveys with the same requirement, so we often get it multiple times in the same survey-taking sitting. I strongly suspect it also uses an automated algorithm to classify the passes/fails. I think it probably looks at number of words used, lack of special characters, repeated words, repeated letters and time spent in the mini-survey.
#4589


Join Date: Jan 2014
Posts: 828
ok. e-rewards is getting really weird. They won't allow me to do surveys or redeem for rewards. Ive already emailed them about the issue but no response and its been almost a week. If they stop my account its gonna be awkward since I have a bunch of equipment from them for a laundry study im doing. lol
#4590




Join Date: Mar 2010
Location: PHL
Programs: AA Executive Platinum; Hilton Diamond
Posts: 2,753
ok. e-rewards is getting really weird. They won't allow me to do surveys or redeem for rewards. Ive already emailed them about the issue but no response and its been almost a week. If they stop my account its gonna be awkward since I have a bunch of equipment from them for a laundry study im doing. lol

