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. 2  Tuition or medical expenses you pay for someone (the educational and medical exclusions). 3  Gifts to your spouse.  Gifts to a political organization for its use.