Income Question

[Anonymous]

For my job, I put all business related expenses on my personal credit card and get reimbursed each pay period. When apping for new cards should I calculate this into my income? It's usually equivalent to $500-2k per month. 

[RonM21]

Are they giving you more back when they reimburse you? Initially, my thought was that it isn't income if you give the money out, and they give you the exact in return. But maybe I'm not thinking of it correctly?

[Anonymous]

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@Anonymous wrote:

For my job, I put all business related expenses on my personal credit card and get reimbursed each pay period. When apping for new cards should I calculate this into my income? It's usually equivalent to $500-2k per month. 

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No, you don't calculate that into your income. What you make is what you should put down not your expenses.

[Anonymous]

No, you can't count what your purchase.  Just what you make off the job.  Not materials.  

[creditguy]

A simple rule I live by; If it doesn't go on your 1040 it doesn't go in the income box.

[ojefferyo]

Them paying you back for expense isn't income you get to keep. I would leave it out of the income section. 

[dragontears]

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@creditguy wrote:
A simple rule I live by; If it doesn't go on your 1040 it doesn't go in the income box.

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+1