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AllBank bonusesDirect depositStrategyTaxes

What a bonus does to your tax return, and the form that arrives in January.

CardLab@cardlab·Sep 18

Do you pay taxes on bank bonuses?

A cash bank bonus is taxable interest in the year it posts, whether or not a Form 1099-INT arrives. What the IRS says, the $10 form threshold, and what to keep.

3 min readBank bonuses2 sources
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