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roseM
roseM (@guest_1582999)
March 23, 2023 01:48

i just got a 1099-int in the mail the other day for $5000. So i called the number on the form which was from wells fargo. funny thing they said it was from a check they sent me back in aug of 2022. i told the guy that i never recieved any such check. after some discussion, i said well ill tell you what…you send me the check for $18,000. and ill pay this 5000. out of it. he said ok…the bank guy is going to send me the check…lmao…yeah whatever! i think these 1099 ints are a scam.

Andrew
Andrew (@guest_1350321)
March 19, 2022 16:13

I did the 10 debit card transactions w/a new Regions Lifegreen Checking Account for the $400 bonus. Everything I read promised that no 1099 would be issued. Just received a 1099 INT from Regions for $400.

Jamie
Jamie (@guest_582051)
April 16, 2018 05:07

I also did the 10 debit transactions for Wells Fargo and didn’t receive a 1099-INT. Also missing 1099-INT for PNC.

Is the general consensus to still report the income even if WF considers it a rebate?

Mikey
Mikey (@guest_575522)
March 29, 2018 14:49

Didn’t receive a 1099 from Wells after receiving the $250 bonus in early 2017. Tried logging into my account (which was closed last summer) and got an error message, which means it looks like the entire history is unavailable or deleted. I consider the matter finalized. Did get 1099s from CHASE for checking and savings bonuses and will report those.

chuck
chuck (@guest_572448)
March 20, 2018 23:03

spoke with multiple wells fargo associates who assured i did not have one for this account.

Pi-nope
Pi-nope (@guest_568453)
March 10, 2018 04:57

I didn’t get one and I’m filing my taxes. Federal EIN is required and I don’t even have that. I made $1500 deposit not debit transactions.

Jerry
Jerry (@guest_568488)
March 10, 2018 12:22

Has anyone received 1099-Int from associated bank? I did $150 checking bonus last year and still did not received 1099. Plus I also did not received WF 1099, but as other have stated that WF does not send 1099 if bonus is received after 10 debit transactions.

Ann
Ann (@guest_571427)
March 18, 2018 05:25

EIN is required to enter a 1099-MISC/INT, but it is NOT required to enter those income amounts without a 1099-MISC/INT. There is always a way to do that. I do it every year for my B&M bank account that earns an amount of interest too small for the bank to provide a 1099-INT. If you or your less-flexible tax software insist on making up a 1099 that doesn’t exist and isn’t needed anyway (the EINs you received income from are not part of what actually gets filed as your return, only the amounts of money), check https://www.reddit.com/r/churning/comments/7z2xyg/bank_1099_eintin_numbers/ for the EIN, or enter 00000000 as a placeholder.

TJ
TJ (@guest_563995)
February 25, 2018 14:42

Interesting take that considers the the bonus a rebate because you had to make debit card transactions to receive. Of the 8 bank bonuses I did last year, I am missing 3 1099s – wells fargo, PNC, and First National Bank. Wells Fargo & PNC had the debit card transaction requirement in order to earn.

I’ll try calling First National Bank to see where theirs is.

CreditHunter
CreditHunter (@guest_566745)
March 5, 2018 03:50
  TJ

Fifth Third Bank, Popular Community Bank, and TD Bank have not sent me any 1099s for the $300 bonuses they each awarded last year, and it’s already March 2018. If all 3 of these banks are coding their bonuses as 1099-MISC instead of 1099-INT but will not send out the 1099-MISC for anything under $600, does that mean they aren’t going to report the $300 bonus to the IRS? If that’s the case, why should I report it then? I would save around $225 in taxes. I understand that obviously if the banks report it and I don’t, that will cause an instant matching error on the new system the IRS uses which is great way to land myself in an audit. But if they don’t, I’d love to keep the extra $225…

Duke I.
Duke I. (@guest_563346)
February 23, 2018 12:32

Is it necessary to amend taxes if the amount is $56. .I received a 1099b for the tmo stock that I sold. But, I’m sure that amount is covered for over reporting income since some banks didn’t send 1099 for bonuses which I reported anyways.

Atul
Atul (@guest_562334)
February 20, 2018 23:48

Chase did not sent me 1099 INT for 300 checking and 200 savings. I sent them secure message they replied not on my account and let us know if you were expecting one. I told them about sign up bonus , no reply yet.

I would rather receive and add them to taxes than making decision to report (or not report ) if they do not send the 1099int / misc.

Has anyone else had issue with chase bank.

felix
felix (@guest_563345)
February 23, 2018 12:19

The same as me. I didn’t got 1099 either for the 500 bonus.

felix
felix (@guest_563721)
February 24, 2018 12:30

Got their reply, looks like they won’t send a 1099 in anyway. I’m going to report it.
I wongly filed a w8-ben at start, then mailed a w-9 two weeks later. That may be the reason. just be strange that even the bonus is posted after w-9 is mailed.

artgriego
artgriego (@guest_562011)
February 20, 2018 04:16

Strange…I received no 1099 from Schwab for a $50 customer service gesture and the couch change in actual account interest (more than $0.50 though)