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12-25-2022, 05:34 PM
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#61
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Recycles dryer sheets
Join Date: Jan 2022
Location: Murray
Posts: 199
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I fundrd the $50 on 12/1, I guess I missed the part about the money coming from a non fidelity account
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12-25-2022, 07:25 PM
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#62
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2012
Posts: 6,098
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Opened it on 12/1, funded the $50 from a connected checking account on 12/2. $150 received on 12/23. Woo-Hoo!
__________________
FIREd date: June 26, 2018 - "This Happy Feeling, Going Round and Round!" (GQ)
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12-26-2022, 06:01 AM
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#63
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Thinks s/he gets paid by the post
Join Date: Aug 2005
Location: Crownsville
Posts: 3,695
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Well I'll be damned! I just looked, and there it is! I got my $150 and I just checked my uncle's account, and he got his as well.
One thing I can't remember though...don't you have to keep the account open for something like 90 days, or you forfeit it? In my case, I just had it added to the $50 in the savings account, as I do my Roth with another company.
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12-26-2022, 06:09 AM
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#64
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Thinks s/he gets paid by the post
Join Date: Mar 2011
Location: North TX
Posts: 1,788
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Quote:
Originally Posted by Andre1969
Well I'll be damned! I just looked, and there it is! I got my $150 and I just checked my uncle's account, and he got his as well.
One thing I can't remember though...don't you have to keep the account open for something like 90 days, or you forfeit it? In my case, I just had it added to the $50 in the savings account, as I do my Roth with another company.
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Got mine! Gone shopping.
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12-26-2022, 06:17 AM
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#65
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 3,678
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Quote:
Originally Posted by Andre1969
Well I'll be damned! I just looked, and there it is! I got my $150 and I just checked my uncle's account, and he got his as well.
One thing I can't remember though...don't you have to keep the account open for something like 90 days, or you forfeit it? In my case, I just had it added to the $50 in the savings account, as I do my Roth with another company.
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You have to leave the bonus in the account for 90 days.
"Account holders must maintain the bonus award (minus any losses related to trading or market volatility, or margin debit balances) in the account for at least 90 days from the date on which the bonus award is credited to the account. Fidelity may charge accounts that fail to comply with this requirement the cost of the bonus award."
__________________
Married, both 69. DH retired June, 2010. I have a pleasant little part time job.
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12-26-2022, 07:11 AM
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#66
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Thinks s/he gets paid by the post
Join Date: Aug 2005
Location: Crownsville
Posts: 3,695
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Quote:
Originally Posted by Sue J
You have to leave the bonus in the account for 90 days.
"Account holders must maintain the bonus award (minus any losses related to trading or market volatility, or margin debit balances) in the account for at least 90 days from the date on which the bonus award is credited to the account. Fidelity may charge accounts that fail to comply with this requirement the cost of the bonus award."
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Thanks, Sue. I thought I remembered reading something to that extent. Still, even with that little constraint, it was a nice Christmas bonus!
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12-26-2022, 08:15 AM
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#67
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Moderator
Join Date: Oct 2010
Posts: 10,622
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Quote:
Originally Posted by Northforker
I fundrd the $50 on 12/1, I guess I missed the part about the money coming from a non fidelity account
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Me too.
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12-26-2022, 10:07 AM
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#68
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Recycles dryer sheets
Join Date: Feb 2018
Location: North Central MA
Posts: 77
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DW and I both got the $150 on 12/23. DD and GS go theirs as well.
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12-27-2022, 05:40 AM
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#69
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Posts: 12,566
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Just checked, and my $150 is there.
__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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01-21-2023, 07:02 PM
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#70
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Confused about dryer sheets
Join Date: Sep 2013
Posts: 9
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Did you open individual accounts or joint accounts? Would it matter for the bonus?
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01-22-2023, 07:30 AM
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#71
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Recycles dryer sheets
Join Date: Feb 2018
Location: North Central MA
Posts: 77
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Quote:
Originally Posted by paul2102
Did you open individual accounts or joint accounts? Would it matter for the bonus?
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These were individual. It shouldn't matter.
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01-22-2023, 05:08 PM
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#72
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 16,973
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Quote:
Originally Posted by paul2102
Did you open individual accounts or joint accounts? Would it matter for the bonus?
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I would think 2 single accounts get 2x $150, vs a joint account gets $150.
__________________
Fortune favors the prepared mind. ... Louis Pasteur
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01-22-2023, 05:47 PM
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#73
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Recycles dryer sheets
Join Date: May 2021
Posts: 67
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I just went to the link and it says the offer is no longer available.
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01-22-2023, 06:16 PM
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#74
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Full time employment: Posting here.
Join Date: Aug 2013
Location: New Jersey
Posts: 892
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The $150 offer expired, but Fidelity still offers a free $100 when you deposit $50 at https://www.fidelity.com/go/special-offer
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01-23-2023, 08:24 AM
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#75
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Thinks s/he gets paid by the post
Join Date: Nov 2006
Posts: 1,635
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Quote:
Originally Posted by Al18
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Thanks for the link. I was going to add another brokerage account anyway so might as well earn a few bucks. I had to make sure the offer I did in 2021 didn't exclude me from this offer and it appears it doesn't.
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01-23-2023, 04:19 PM
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#76
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Recycles dryer sheets
Join Date: May 2021
Posts: 67
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Quote:
Originally Posted by Al18
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Okay- thanks!
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01-31-2023, 11:56 AM
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#77
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Recycles dryer sheets
Join Date: Sep 2021
Posts: 194
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I received $150 bonus on Dec. 22, but it looks like Fido consolidated 1099 did not include this for 2022. Does anyone know or experience how to report this for 2022 tax or Fido will include this for 2023 income, as the bonus needs to stay in the account for 90 days anyway?
Thanks in advance for any input...
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01-31-2023, 01:00 PM
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#78
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2012
Posts: 6,098
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Quote:
Originally Posted by xlf11
I received $150 bonus on Dec. 22, but it looks like Fido consolidated 1099 did not include this for 2022. Does anyone know or experience how to report this for 2022 tax or Fido will include this for 2023 income, as the bonus needs to stay in the account for 90 days anyway?
Thanks in advance for any input...
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From the FAQs about the offer ( https://www.fidelity.com/go/special-...s-conditions):
Quote:
Cumulative bonus awards credited to taxable accounts associated with your social security number or tax identification number, as applicable, including those held at an affiliate of Fidelity, totaling $600 or more within a calendar year will appear on your consolidated Form 1099. You are encouraged to consult with your tax professional about appropriate tax reporting and treatment relating to this bonus award and the deposit of the bonus award in your account. Any taxes resulting from the bonus award are your responsibility.
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I am no tax genius, but this seems to indicate that if this is your only bonus award from them in 2022, it will not appear on a 1099.
__________________
FIREd date: June 26, 2018 - "This Happy Feeling, Going Round and Round!" (GQ)
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01-31-2023, 02:09 PM
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#79
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,140
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This raises the question, I assume we still have to report it. Does anyone know what form we put it on and how we characterize it?
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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01-31-2023, 02:21 PM
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#80
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2012
Posts: 6,098
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Quote:
Originally Posted by rodi
This raises the question, I assume we still have to report it. Does anyone know what form we put it on and how we characterize it?
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My guess would be the "other income" line (8z) on Schedule 1.
__________________
FIREd date: June 26, 2018 - "This Happy Feeling, Going Round and Round!" (GQ)
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