The 2018 tax deadline is about six weeks away. If you referred a friend to the no annual fee Disney Visa in 2018, you should have received a 1099 from Chase for the value of the rewards if your total referral bonuses from Chase exceeded $600 last year.
We love referring people to the Disney Visa because they get a $200 sign up bonus, which is better than the public offer. And, we get a $100 in Disney Rewards as well. It’s a win-win. In fact, we love it so much, we set up a special page for people like to you to refer to other readers.
But, this is the first year that we’re aware of Chase sending out 1099s for the referral bonuses. It’s still a great deal but paying taxes on every referral is sort of a bummer.