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I don't know whether the signup bonus should be subject to taxation or not, so I'd like to know what you think of this.
@GTT wrote:I don't know whether the signup bonus should be subject to taxation or not, so I'd like to know what you think of this.
No, your won't get a 1099-int for sign up bonus
@Wade64 wrote:
@GTT wrote:I don't know whether the signup bonus should be subject to taxation or not, so I'd like to know what you think of this.
No, your won't get a 1099-int for sign up bonus
Also the dead line was Jan 31st
@wHiTeSoL wrote:
I never got one for a credit card bonus but did get one last year for a chase checking account $150 bonus. Maybe because it was paid out in cash and not points or statement credits?
That was because it was a checking account
OK, thanks everybody. Then I will just go ahead and file my returns without waiting for 1099.
@cottoncrown wrote:
The bonuses are considered a rebate as purchases must be made. Checking account bonuses are income as no purchase is made.
+1 yea they always fail to tell you that when you open the accounts, i was a bitter w/ TD over this and that was the last straw for me i ended up closing my accounts w/ them and stuck w/ my local CU.