Hello. While flying on a business trip as a freelance contractor, I agreed to allow Delta Airlines to bump me from a flight and take a later one to my destination. They gave me a $900 Delta gift card for my inconvenience. I had purchased the original ticket and was later reimbursed for the full fare by my employer under our contract agreement. I used the gift card to purchase additional Delta flights for similar business use. Please inform me if I have any tax liability for that gift card, if it is considered income, etc. Do I need to report it in some manner on my taxes, and if so, how? Thank you.
