As was the case last year, American Express is sending out Form 1099-MISC to those who got referral bonuses over the course of the year. You’ll get a separate tax form for each Amex card which you referred from, and the form will state clearly which card its for.
I’m unsure if you’ll get a 1099 if your total referrals are less than $600. You’ll definitely get one even if your earnings from each single card is less than $600, e.g. if you earned $300 from one Amex card and $300 from another Amex card, you WILL get a 1099.
Amex is valuing the Membership Rewards points at 1¢ per point, as was the case last year. I assume Hilton points will get the same .67¢ valuation from last year, and all other currencies like Membership Rewards, Delta, SPG, and Marriott points at 1¢ per point.
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