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Author Topic: Amex 2014 Terms and Conditions  (Read 12680 times)

Offline ChaimMoskowitz

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Re: Amex 2014 Terms and Conditions
« Reply #140 on: July 05, 2018, 03:09:33 PM »
Quote from: aygart on July 05, 2018, 03:06:59 PM
How about the extreme couponers who are busy sending in rebates on everything they buy?
Can only comment on what I know about. This isn't JS. :)
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Offline henche

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Re: Amex 2014 Terms and Conditions
« Reply #141 on: July 05, 2018, 03:34:57 PM »
Quote from: aygart on July 05, 2018, 03:06:59 PM
How about the extreme couponers who are busy sending in rebates on everything they buy?

That's all stuff you're buying to use.  You don't run a business by buying yourself stuff.
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Offline henche

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Re: Amex 2014 Terms and Conditions
« Reply #142 on: July 05, 2018, 03:36:25 PM »
Quote from: aygart on July 05, 2018, 02:49:30 PM
I could see number five just passing the lower basis to the end product and being a cheaper price for potatoes. The question would then become how to look at cash out strategies.

You mean number 6?

The issue is that a realization event is when you change what you have, not when you end up again with cash. If you  buy potatoes, and trade for corn, that's a realization event. 
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Offline AJK

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Re: Amex 2014 Terms and Conditions
« Reply #143 on: July 05, 2018, 04:04:50 PM »
Quote from: henche on July 05, 2018, 02:30:20 PM
At some point it may just come down to the optics.

This.

There is some hazy, vague, non-completely discernible line before which everyone goes home as friends.

Cross said line, and it's weekend at the step-parents as a red-head.
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Offline dealsrus

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Re: Amex 2014 Terms and Conditions
« Reply #144 on: July 06, 2018, 02:15:37 PM »
Anyone know about chase bonus points received from referrals (chase ink) if taxable, Does chase send 1099
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Offline ChaimMoskowitz

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Re: Amex 2014 Terms and Conditions
« Reply #145 on: July 06, 2018, 02:38:47 PM »
Quote from: dealsrus on July 06, 2018, 02:15:37 PM
Anyone know about chase bonus points received from referrals (chase ink) if taxable, Does chase send 1099
Excellent question.
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Offline chinagel

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Re: Amex 2014 Terms and Conditions
« Reply #146 on: July 06, 2018, 02:57:33 PM »
dont they purposely keep it under 60k/600 for tax reasons?
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Offline Dan

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Re: Amex 2014 Terms and Conditions
« Reply #147 on: July 06, 2018, 03:04:16 PM »
Quote from: chinagel on July 06, 2018, 02:57:33 PM
dont they purposely keep it under 60k/600 for tax reasons?
Yup.
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Offline ChaimMoskowitz

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Re: Amex 2014 Terms and Conditions
« Reply #148 on: July 06, 2018, 03:11:56 PM »
Quote from: chinagel on July 06, 2018, 02:57:33 PM
dont they purposely keep it under 60k/600 for tax reasons?
1099 has nothing to do if it is taxable, correct?
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Offline gingyguy

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Re: Amex 2014 Terms and Conditions
« Reply #149 on: July 06, 2018, 03:14:01 PM »
ive earned around 60k points through referrals and never received a 1099 for them
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Offline ChaimMoskowitz

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Re: Amex 2014 Terms and Conditions
« Reply #150 on: July 06, 2018, 03:16:24 PM »
Quote from: gingyguy on July 06, 2018, 03:14:01 PM
ive earned around 60k points through referrals and never received a 1099 for them
Quote from: ChaimMoskowitz on July 06, 2018, 03:11:56 PM
1099 has nothing to do if it is taxable, correct?
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Offline TimT

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Re: Amex 2014 Terms and Conditions
« Reply #151 on: July 06, 2018, 03:24:32 PM »
I’ve gotten 1099’d for a $200 bonus on my account.
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Offline davidrotts63

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Re: Amex 2014 Terms and Conditions
« Reply #152 on: July 06, 2018, 03:26:39 PM »
Quote from: TimT on July 06, 2018, 03:24:32 PM
I’ve gotten 1099’d for a $200 bonus on my account.
Bank account? That's a different story
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Offline mmgfarb

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Re: Amex 2014 Terms and Conditions
« Reply #153 on: July 06, 2018, 03:39:48 PM »
Quote from: ChaimMoskowitz on July 06, 2018, 03:11:56 PM
1099 has nothing to do if it is taxable, correct?
Right, they just have to send it if it's over a certain amount.
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Offline dealsrus

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Re: Amex 2014 Terms and Conditions
« Reply #154 on: July 06, 2018, 03:46:24 PM »
Quote from: Dan on July 06, 2018, 03:04:16 PM
Yup.
Chase ink Says 20k per referral up to 100k per year. .
did 3 referrals So far received 20k
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Offline Dan

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Re: Amex 2014 Terms and Conditions
« Reply #155 on: July 06, 2018, 03:46:51 PM »
Quote from: ChaimMoskowitz on July 06, 2018, 03:11:56 PM
1099 has nothing to do if it is taxable, correct?
Nor does a store collecting sales tax or not.
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Offline gingyguy

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Re: Amex 2014 Terms and Conditions
« Reply #156 on: July 06, 2018, 03:52:01 PM »
Quote from: TimT on July 06, 2018, 03:24:32 PM
I’ve gotten 1099’d for a $200 bonus on my account.
you get that for any size cash bonus , they count it as unearned income same as interest on your account
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Offline shapsam

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Re: Amex 2014 Terms and Conditions
« Reply #157 on: July 06, 2018, 03:56:33 PM »
Quote from: chinagel on July 06, 2018, 02:57:33 PM
dont they purposely keep it under 60k/600 for tax reasons?
The Ink Preferred is up to 100k
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Offline chinagel

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Re: Amex 2014 Terms and Conditions
« Reply #158 on: July 06, 2018, 04:02:19 PM »
Quote from: shapsam on July 06, 2018, 03:56:33 PM
The Ink Preferred is up to 100k
idk, could be business is different
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Offline mmgfarb

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Re: Amex 2014 Terms and Conditions
« Reply #159 on: July 06, 2018, 04:05:16 PM »
Quote from: dealsrus on July 06, 2018, 03:46:24 PM
Chase ink Says 20k per referral up to 100k per year. .
did 3 referrals So far received 20k
Chase biz referrals (or at least Ink's) haven't been posting as they're supposed to lately.
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