Financial institutions will issue a 1099 when you earn a bank bonus, even if the bonus is in the form of miles or points. A 1099 is also issued for referral bonuses for credit cards.
Treasury Secretary Steven Mnuchin said Friday that the IRS will move the national income tax filing day ahead to July 15. That’s three months after the usual deadline of April 15th.
As part of its coronavirus response, the federal government will give filers 90 days to pay income taxes due on up to $1 million in tax owed. The tax deadline changes the due date for last year’s taxes from April 15th to July 15th.