Schedule C Question Regarding Charge Cards and Refunds

[solosks]

For business purposes, in 2020 we charged an airline ticket for $1000.   The airline later refunded the $1000 in the same year. 

How is the expense reported on the Schedule C?  How is the refund reported?

[Bsch4477]

Easiest path is not to report the expense or the refund since they cancel each out. 

[solosks]

OK.

The next question.  We deducted business expenses in 2019 that were later refunded in 2020 by credit card.  Are those refunds reported as income in 2020.