I am nonresident alien in USA for tax purpose and wondering about these two scenes. Will this be considered as taxable?
- I purchased books on online store for $100 and returned back for $50. I guess $50 from selling is not "income" since you already spent more money in buying. So this should not be taxable, right?
- After buying an holiday air ticket, I had a disrupted flight and airline gives a gift card to me as goodwill. Is this gift card taxable? I think it is like someone purchase goods and not satisfied with that. And the merchant returns a part of the money you paid in a different form. So, this is not considered "income" and so, not taxable. Am I right?