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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.
When Hornung didn't report the use of the car as income, the IRS intercepted his return. It increased his taxable income by the cost of renting a Thunderbird. He protested the call, claiming use of the car was a gift and asked the court to referee. Under tax rules, a gift is a conveyance stemming from detached generosity motivated by affection, admiration, charity or like impulses. The court did a little mind reading to decide why Ford lent Hornung the car.