Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > Spirit
Buddy pass imputed income??? >

Buddy pass imputed income???

Search

Notices

Buddy pass imputed income???

Thread Tools
 
Search this Thread
 
Old 04-26-2023, 09:30 PM
  #1  
On Reserve
Thread Starter
 
pilot125's Avatar
 
Joined APC: Jan 2008
Posts: 23
Default Buddy pass imputed income???

Other than the $15 fee that must be paid each way when someone uses our buddy passes, are we also paying taxes on imputed income???
pilot125 is offline  
Old 04-27-2023, 04:05 AM
  #2  
Gets Weekends Off
 
Joined APC: Dec 2022
Posts: 896
Default

Originally Posted by pilot125
Other than the $15 fee that must be paid each way when someone uses our buddy passes, are we also paying taxes on imputed income???
yes

10 characters
Noisecanceller is offline  
Old 04-28-2023, 07:30 AM
  #3  
Gets Weekends Off
 
Joined APC: Jun 2014
Position: A320 CA
Posts: 491
Default

Not a Spirit employee, but I’m curious what value they place on a standby ticket? Could be worth zero if you don’t get on. Could be worth something if you actually make the flight, but I’d argue it’s never worth as much as even the lowest cost guaranteed seat. Seems like an accounting nightmare. I almost never use buddy passes, but I can’t remember ever seeing a line item on my paystub for imputed income here at F9.
OpenClimb is offline  
Old 04-30-2023, 08:09 PM
  #4  
Line holder
 
symbian simian's Avatar
 
Joined APC: Nov 2013
Position: On the bus,seat 0A
Posts: 3,345
Default

Originally Posted by OpenClimb
Not a Spirit employee, but I’m curious what value they place on a standby ticket? Could be worth zero if you don’t get on. Could be worth something if you actually make the flight, but I’d argue it’s never worth as much as even the lowest cost guaranteed seat. Seems like an accounting nightmare. I almost never use buddy passes, but I can’t remember ever seeing a line item on my paystub for imputed income here at F9.
It is the IRS that places the value on fringe benefits, not the company. I highly doubt there is any difference between the way NK does it compared to F9.
symbian simian is offline  
Old 05-01-2023, 10:00 AM
  #5  
Gets Weekends Off
 
Joined APC: Jun 2014
Position: A320 CA
Posts: 491
Default

Originally Posted by symbian simian
It is the IRS that places the value on fringe benefits, not the company. I highly doubt there is any difference between the way NK does it compared to F9.
I’ve been with F9 for almost 2 decades and don’t remember ever being taxed on non-rev benefits.
OpenClimb is offline  
Old 05-01-2023, 02:21 PM
  #6  
Gets Weekends Off
 
Joined APC: Aug 2022
Posts: 182
Default

Originally Posted by OpenClimb
I’ve been with F9 for almost 2 decades and don’t remember ever being taxed on non-rev benefits.
you’ll only be taxed on domestic partners, travel companions, and buddy passes (and most airlines charge a fee for buddy passes which makes them not taxed since they’re not free). Travel by you, your spouse, parents, and kids is not taxable. This is true at every airline in the country
baseball3792 is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
boeingdvr
Atlas/Polar
71
02-12-2021 03:04 PM
zambuka42
Delta
8
04-05-2018 06:22 AM
feltf4
JetBlue
1
05-10-2017 08:06 AM
UAL T38 Phlyer
United
5
05-28-2012 04:38 PM
RightSeatDude
Regional
9
11-01-2007 07:05 AM

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