Quote:
Originally Posted by Altavia
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When we bought in TV several years ago, the Chase bonus was $200 for opening a checking account.
The amount was taxable. We received a 1099 from Chase.
If someone has reached Medicare age and income is nearing the threshold for IRMAA, the amount of the bonus could cause the threshold for a higher premium to be crossed. The higher premium would show up 2 years later.
Boomer