Banking rewards, such as cash-back offers, points, and miles, have become a common incentive offered by banks and credit card issuers to attract and retain customers. However, the tax implications surrounding these programs often leads to confusion. So let’s look at a handful of common programs and discuss the tax status surrounding each. The 5 most common types of reward programs are: Credit Card Spending BonusesCredit Card Spending RewardsFrequent Flyer MilesBank Account Sign-Up BonusesReferral Bonuses It’s important to point out that there is not a lot of official guidance on the proper tax treatment for some of these items. This