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cmsaperstein
New Member

My bank paid me $200 for opening a new account with them. This was reported on a 1099-Misc. Does this involve "an intent to earn money"?

 
1 Reply
Patrice
New Member

My bank paid me $200 for opening a new account with them. This was reported on a 1099-Misc. Does this involve "an intent to earn money"?

No, the IRS does not considered this "an intent to earn money".

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