Yes, I would include this as income on your tax return. I searched on the IRS website to see if it was specifically excluded but could not find out a reference. Usually, when you receive anything of economic benefit through an incentive, it should be reported as income. To report.
- Click Federal > Wages & Income>all income>
- Go to the last selection, Miscellaneous Income and click Start
- Go to the last option, Other reportable income and click Start
- When it asks, "Any other reportable income?" say yes and then type in a description and the amount to report it on your tax return.
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