Since they file the 1099 does this mean if I don't file taxes (bc don't make enough) that this will give me problems?
?
yes you will have to report technically and pay taxes on it. So if your a blue and white card holder with the seal of the benefit bank of new york u dont need the problems.
Sorry but don't understand... I'm a bucher in yeshiva... I legally need to file taxes even if I don't make enough to have to pay?
So you're a dependant
When you make a transfer from one bank to another, bank A doesn't give the money directly to bank B. There is an outside institution that both banks use to handle the transaction. The most popular one, that is almost universally used, is called Automated Clearing House (ACH). When banks have as a requirement for a promotion that you must have a direct deposit, the terms and conditions often say that a qualifying direct deposit is a payroll or social security deposit. However, these systems also use ACH to deposit the money into your account, so often any ACH utilizing transaction, such as transferring money to yourself from another bank, will trigger the bonus.
thanks this reminds me of pre 2008 ..................
You do not need to file taxes under a certain amount IINM
anyone have any clue the routing number of this bank? Can't find it anywhere
Thank you! Would you know if there's any difference if there was a 1099 reported from a bank?
It shouldn't make any difference where you get a 1099 from as long as your income is under the threshold.
Would you be able to use the 3bm to open up more than one account and get the bonus on all of them?
These are manually approved
These accounts or bonuses?
