I received two Facebook settlement virtual MasterCards. One was in the amount of $32.24 and the other was in the amount of $4.21.
I also received two $300 dollar virtual rebate MasterCards from T-Mobile.
And I received a check for jury duty in the amount of $10.21.
Do I report all of these as income on my taxes?
Thank you.
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T-Mobile and FB - no - presumably you were overcharged for things that you purchased in the past so these payments are just a reduction in what you would have paid. NOT TAXABLE
Jury Duty - yes, that is taxable income
There is a specific place to enter jury duty pay in TurboTax. Go to Federal Taxes > Wages & Income. Scroll all the way down to Less Common Income and click the Start button for Jury Duty. The income will be shown on Schedule 1 line 8h in your tax return.
T-Mobile and FB - no - presumably you were overcharged for things that you purchased in the past so these payments are just a reduction in what you would have paid. NOT TAXABLE
Jury Duty - yes, that is taxable income
There is a specific place to enter jury duty pay in TurboTax. Go to Federal Taxes > Wages & Income. Scroll all the way down to Less Common Income and click the Start button for Jury Duty. The income will be shown on Schedule 1 line 8h in your tax return.
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