Skywest
#3911
Dumb Pilot
Joined APC: Apr 2013
Position: Broke
Posts: 784
I had a trip that was $150. They put the trip in my earnings for the two week period so it looked like I made that much more. Then they take taxes and all the good stuff out and the $150 they put in there.
#3912
You will see it show up under income so it goes in your gross income. Then the deduct it after tax. It happens a couple pay checks after the travel.
I had a trip that was $150. They put the trip in my earnings for the two week period so it looked like I made that much more. Then they take taxes and all the good stuff out and the $150 they put in there.
I had a trip that was $150. They put the trip in my earnings for the two week period so it looked like I made that much more. Then they take taxes and all the good stuff out and the $150 they put in there.
#3913
#3915
It is payroll deducted in the form of income taxes withheld.
Lets say you earned $2,000 for the paycheck, your secret girlfirend i.e. *enrolled friend* flew to Omaha for a overnight rendezvous with you a few weeks back - Yonited calculates a fare value lets say $200 - which the IRS says Hey! That's a taxable benefit! - So that "value" is represented as "imputed income" on your paycheck - NOW your paycheck says you earned $2,200 and your taxed on that $2,200 according to your with holdings, exemptions, etc....get it
#3917
$200 just to participate, insane first class charges, imputed income, flights fuller than ever...It's a joke
#3919
Gets Weekends Off
Joined APC: Feb 2011
Posts: 137
Yeah, and we used to fly unlimited anywhere in the world FREE with write your own passes, We also had $25 one way service charge passes on just about anyone else, PLUS we got 12 buddy passes free of charge....Times have sure changed.
$200 just to participate, insane first class charges, imputed income, flights fuller than ever...It's a joke
$200 just to participate, insane first class charges, imputed income, flights fuller than ever...It's a joke
#3920
Gets Weekends Off
Joined APC: Feb 2011
Posts: 137
Every time your enrolled friend flys a fare is calculated based on the "value" of that flight and sent to payroll, that "value" is then added to your taxable income line of your paycheck and you are essentially paying income tax on that flight.
Example...
LAX-ORD-LAX = $400 "value", add that to your taxable income column and pay income tax on it, 10% bracket? That trip will cost you $40. 15%? $60, FO with children? If you pay no income tax, pay nothing!
Example...
LAX-ORD-LAX = $400 "value", add that to your taxable income column and pay income tax on it, 10% bracket? That trip will cost you $40. 15%? $60, FO with children? If you pay no income tax, pay nothing!
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