He may be referring to a 1099-k like paypal has if you do more than 20K AND 200 transactions ( I believe). I do not see anything that mentions reporting to the IRS in the BB card agreement. The paypal agreement does... refers to the 1099k. I always wondered if anyone confirmed with BB that there is no 1099k... its a checking account, so I doubt it would plus no mention of it in the agreement.