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  • Credit Q&A: Are Rewards Points Taxable?
    NEW YORK (MainStreet) -- Q: I heard that Citi Bank sent 1099 forms to cardholders who earned frequent-flier miles through a special promotion. Are my credit card rewards points taxable? A: Generally speaking, your rewards points aren't going to be taxable if you've earned them by charging purchases to your credit card. High sign-on bonuses may require you to fill out a form for the IRS. As we've ...
    Mon, 06 Feb 2012 07:50:42 -0800



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