Paige manages the safety program for ASCI. In recognition of her superior handling of three potential crises during the year, Paige was awarded the Employee Safety Award on December 15. The cash award was $500. (Because it is cash, the award is considered Other Income.) 

What sheet do I record this on the tax return?

Answer rating: 100% (QA)

The cash award that Paige received on December 15 is considered Other Income and should be reported ... View the full answer