Search

Notices
SkyWest Regional Airline

Skywest

Thread Tools
 
Search this Thread
 
Old 01-15-2014, 06:14 AM
  #3911  
Dumb Pilot
 
Joined APC: Apr 2013
Position: Broke
Posts: 784
Default

Originally Posted by TheFly
Do I pay during tax time or is it deducted from my paycheck? Yes, I have children. Does this apply to family or just the enrolled friend?
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.
Is offline is offline  
Old 01-15-2014, 06:21 AM
  #3912  
Gets Weekends Off
 
TheFly's Avatar
 
Joined APC: Feb 2006
Position: Seat 0B
Posts: 2,300
Default

Originally Posted by Is offline
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.
How much we're you taxed on the $150 & does this apply to everyone on my travel list (wife, child) or just my enrolled friend?
TheFly is offline  
Old 01-15-2014, 07:04 AM
  #3913  
Respek
 
Cruz5350's Avatar
 
Joined APC: Jul 2010
Posts: 2,635
Default

What flight benefits is this for? Like a specific carrier?
Cruz5350 is offline  
Old 01-15-2014, 08:45 AM
  #3914  
Gets Weekends Off
 
Electra's Avatar
 
Joined APC: Aug 2012
Posts: 178
Default

Originally Posted by Cruz5350
What flight benefits is this for? Like a specific carrier?
Yo-Nited, if you have an enrolled friend. Spouses, children and parents are not subject to Imputed Income rules. I believe USAirways does this as well.
Electra is offline  
Old 01-15-2014, 09:01 AM
  #3915  
Gets Weekends Off
 
gsphuntr's Avatar
 
Joined APC: Jul 2008
Position: Reverse cowgirl
Posts: 246
Default

Originally Posted by TheFly
How much we're you taxed on the $150 & does this apply to everyone on my travel list (wife, child) or just my enrolled friend?
How much you pay in tax is entirely based on what tax bracket you fall under. You are only taxed on your enrolled friends travel, not yours or your family.

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
gsphuntr is offline  
Old 01-15-2014, 09:06 AM
  #3916  
Respek
 
Cruz5350's Avatar
 
Joined APC: Jul 2010
Posts: 2,635
Default

Originally Posted by Electra
Yo-Nited, if you have an enrolled friend. Spouses, children and parents are not subject to Imputed Income rules. I believe USAirways does this as well.
Huh never had to do that for my enrolled friends last time I was with a United regional.
Cruz5350 is offline  
Old 01-15-2014, 09:21 AM
  #3917  
Gets Weekends Off
 
gsphuntr's Avatar
 
Joined APC: Jul 2008
Position: Reverse cowgirl
Posts: 246
Default

Originally Posted by Cruz5350
Huh never had to do that for my enrolled friends last time I was with a United regional.
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
gsphuntr is offline  
Old 01-15-2014, 09:27 AM
  #3918  
Respek
 
Cruz5350's Avatar
 
Joined APC: Jul 2010
Posts: 2,635
Default

Are the DAL bennies the same ?
Cruz5350 is offline  
Old 01-15-2014, 09:31 AM
  #3919  
Gets Weekends Off
 
Joined APC: Feb 2011
Posts: 137
Default

Originally Posted by gsphuntr
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
UA enrollment fee is waived if you are based at a United domicile ie ORD, DEN
Low Flyin is offline  
Old 01-15-2014, 09:33 AM
  #3920  
Gets Weekends Off
 
Joined APC: Feb 2011
Posts: 137
Default

Originally Posted by gsphuntr
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!
Sort of...the "value" is 10% of the 400, so $40, then they tax $40 based on your tax bracket
Low Flyin is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
ghilis101
SkyWest
72
06-11-2019 03:53 PM
Lbell911
SkyWest
16
04-19-2015 08:19 AM
Splanky
Regional
47
01-28-2011 07:59 AM
Jack Bauer
Regional
25
11-01-2008 02:29 PM
geshields
Major
2
08-16-2005 03:00 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices