I had a US Bank CC with 0% APR promotional period; however, I paid off the entire balance very early (didn’t know I had this 0% APR promo) an no activities since then. I recently received an offer on this card for $25 credit if I made 4 $25 online purchases.
My question is would I have received this offer if I had not paid off my entire balance earlier long before the promotional offer would have ended?

@honkinggoose said in Reporting tax-exempt interest incorrectly:

@richard This answer is worth exactly what you’re paying for it, and is predicated on two things:

1. You have not had a long, drawn out fight with the IRS, and
2. There is nothing else wrong with your 2013 - 15 forms.

File amended returns.

I have not received any notices/communications from IRS so far and I keep sending them big, fat checks quarterly. Amending years 2013-2015 will result in 0 additional tax benefits to me or IRS. It could only affect ATM calculations (I am not subject to) and some Modified AGI calculations (not changing my current status or rates).

@gwraigty said in Reporting tax-exempt interest incorrectly:

You report tax-exempt interest on Line 8b of Form 1040. You don’t report it on Schedule B at all.

You report any adjustments to gain or loss on bonds from Form 8949 column (g) on Schedule D column (g) and on Schedule B as Accrued Market Discount as a positive number underneath your other entries for taxable interest. You report Accrued Interest that you paid on taxable bonds as a negative number on Schedule B.

I had entered correct amounts on Schedule B but my spreadsheet transferred incorrect amounts to Line 8b of Form 1040 (because of an outdated incorrect formula I had entered in the cell for Line 8b of Form 1040).

I read somewhere in my follow-up research that in certain cases dual citizenship means more opportunity to travel overseas that may have some effect on mileage, points, overseas card usage, etc. Not sure if this is true or a factor?

I just found out for years 2013, 2014 and 2015 I entered tax-exempt interest incorrectly on Form 1040 ( from Schedule B ) while it was reported (calculated) correctly on Schedule B. This interest had no effect on the amount of tax I owed to IRS for those years. Should I ignore or file amendments?

I have a bunch of other BofA Business and Consumer credit cards. Is this an easy card to apply and get approved?

Will 4 split payments of $25 each for the AT&T bill work?

I applied for Bank of America PREMIUM REWARDS Credit Card - $500 Sign up Bonus. For the first time (as I remember) I was asked whether I have a dual citizenship. How do they know if the answer is true of false?