Hello,

I have an LLC and I filed form 1120-S for it.  I received a $1,000 cash reward from my business Bank of America card this year. Not sure what's the best way to handle this $1,000 cash reward on form 1120-S. Can I not enter this $1000 cash reward on form 1120S?   or Is it better to count it into "other income" which makes it taxable?

Thank you for sharing your wisdom!