Latest "frequent flier miles credit card" News:
Citibank hands out tax forms for frequent flier miles
Frequent flier miles aren't so enticing when they're taxable. That may be the sentiment among Citibank customers who are receiving 1099 tax forms from the bank to report their frequent flier miles.
Sun, 05 Feb 2012 23:44:57 -0800
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
Certain frequent-flier miles taxable, says Citibank
Citibank customers are receiving 1099 tax forms from the bank to report their frequent flier miles. The forms were sent to customers who were given American Airline miles for opening a checking or savings account last year.
Sat, 04 Feb 2012 20:08:39 -0800
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