Universal, Upholstery Vinyl is suitable for Residential, Hospitality, Medical, and Automotive applications. *Fabric dye lots may vary but are within industry standards. We cannot guarantee an exact match.
That is why some Citibank customers have been receiving 1099-MISC statements. They signed up for a bank account and as part of the marketing to get new customers to sign up they were given 25,000 to 30,000 airline miles. Since these miles are considered a gift and not a reward, they are deemed as taxable income.
Generally, the following gifts are not taxable gifts. 1. Gifts that are not more than the annual exclusion for the calendar year. For tax year 2009 or 2010 one family member can gift to any other number of family members up to $13,000 each without any reporting by either party each year.