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The large creditavailable vs. outstanding-debt ratio will help keep your credit score healthy. Date of CC opened Total of CC of CC closed Total 4/1/2012 71057 79023 6/5/2012 143836 7/2/2012 Unknown 8/9/2012 378083 10/16/2012 401940 1/5/2013 2/12/2013 493254 Okay so as you can see from the table above I suck at collecting data at regular intervals. It was 35 000 miles which when transferred to Hilton HHonors points would double up to 70 000 and that s why I got them - to bolster my Hilton...

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What is miles amp points for?

Miles and points are typically used for redeeming rewards such as airline tickets, hotel stays, or other travel-related perks.

Who is required to file miles amp points for?

Individuals who earn a significant amount of miles and points from credit card rewards programs or frequent flyer programs may be required to report them on their tax return.

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Miles and points are typically reported as miscellaneous income on a tax return using the cash value of the rewards earned.

What is the purpose of miles amp points for?

The purpose of miles and points is to reward individuals for their loyalty to a specific airline, hotel, or credit card company.

What information must be reported on miles amp points for?

Taxpayers must report the cash value of the miles and points earned, as well as any additional income received from redeeming the rewards.

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