Hello,
Being on H1B, is receiving a cash bonus for opening a checking account okay? What type of tax form will be issued? 1099 MISC or 1099 INT?
Thank you
AS
Hello,
Being on H1B, is receiving a cash bonus for opening a checking account okay? What type of tax form will be issued? 1099 MISC or 1099 INT?
Thank you
AS
This is considered interest income so your bank should issue 1099-INT. This is totally fine for H1B.