445320
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No, you originally spent after-tax income to purchase your camper and received $1,500 back as compensation for the defect. This is not taxable income. The IRS may question why you did not include the amount on your tax return at which point you should tell them why you received the $1,500, and supply them with the original receipt and any other paperwork pertaining to the transaction.
No, you originally spent after-tax income to purchase your camper and received $1,500 back as compensation for the defect. This is not taxable income. The IRS may question why you did not include the amount on your tax return at which point you should tell them why you received the $1,500, and supply them with the original receipt and any other paperwork pertaining to the transaction.
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