KittyM2
Expert Alumni

Business & farm

Yes, all income is taxable, even income that is not cash. You would include the Fair Market Value - what the tour would cost if you had to pay for it - on your tax return.

 

This type of income is Miscellaneous Income not subject to Social Security and should be reported on Line 21 of your Form 1040, Schedule 1.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"