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Is Cow Appreciation Day taxable?

Our family dressed up like cows (wearing black spots, etc.) in order to get free food on Cow Appreciation Day at Chick-Fil-A. Is this taxable? How would I report it if it were?

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1 Best answer

Accepted Solutions
DawnC0
Intuit Alumni

Is Cow Appreciation Day taxable?

Although you are correct and income can exist even though you don't receive a 1099, the activities you described are not tax triggering.  Discounts off of the price of goods and services are not taxable as income.  

However, had it been a taxable event, you would report the income under ''Other Income'', line 8 on Schedule 1 of your Form 1040.  

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6 Replies

Is Cow Appreciation Day taxable?

Did any cows send your family a !099Misc?
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Is Cow Appreciation Day taxable?

If it is Chick-Fil-A, it would only be taxable if you dressed up as chickens and the chickens sent you a 1099-Misc.  You are probably ok because you dressed up like cows (unless they sent you a 1099-misc).

Is Cow Appreciation Day taxable?

I am glad that some could find the humor in this situation but for me, this is still a question that I feel has not been seriously answered. In my mind, we received a tangible benefit that was not tied to a purchase but was contingent upon us doing something specific, so it could be construed as income. And income can exist even if you never receive a 1099.  These are the things I worry about at tax time, so if there is anyone who has knowledge of this type of category I would be grateful for your insight - thanks!

Is Cow Appreciation Day taxable?

Seriously--this is not anything to enter on a tax return.  We really thought you had to be kidding.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
DawnC0
Intuit Alumni

Is Cow Appreciation Day taxable?

Although you are correct and income can exist even though you don't receive a 1099, the activities you described are not tax triggering.  Discounts off of the price of goods and services are not taxable as income.  

However, had it been a taxable event, you would report the income under ''Other Income'', line 8 on Schedule 1 of your Form 1040.  

Is Cow Appreciation Day taxable?

DawnC - Thank you so much for clarifying this. I appreciate your time!

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