Reed McKnight, Leigh W. Cellucci, Carl E. Keller Jr.
Business Case Journal
January 01, 2013
Harrison and Joan were working on their income tax return and suddenly Harrison remembered free” ticket vouchers that he and Joan had received as compensation for giving up their airline seats on one of their trips. He had not been notified that the airline had reported these to the IRS, and he wondered if they were taxable income. Did they have to include them in their tax return?