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Changing checking account (direct deposit) and receiving reward SSI reporting

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renegade44e

Junior Member
What is the name of your state (only U.S. law)? Arizona

I am a SSI recipient and recently moved

The bank just down the street is offering 300$ to switch my direct deposit checking account to them.

I'd like to do it but what are my reporting requirements and how much money will SSA let me keep?
 


Onderzoek

Member
The signup bonus will generate a 1099 next year so SSI will be notified, but I believe it should be excluded. I can't find the reference though.
 

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