You may receive a 1099-MISC tax form if you received bonuses from SoFi that are equal to or greater than $600 in the year. Common rewards and bonuses reported on Form 1099-MISC include:
- Daily app login streak bonus (login 4+ consecutive days)
- Credit Card referral bonus
- App Referral Bonus
- Ladder Life application Promotion
- Credit score goes up
- Enrollment in SoFi Member Rewards
- Sign up for Credit Score Monitoring (1st SoFi Account)
- Certain manually added points