Citibank says frequent flier miles are taxable
NEW YORK (AP) — 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. The forms were sent to customers who were given American Airline miles for opening a checking or savings account last year.
That's causing confusion — and possible concern — among those who ...
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