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Old 10-26-2011 | 08:31 PM
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DLax85
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From: Gear Monkey
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Originally Posted by Sluggo_63
Don't forget to check the "Yes" box on your expense report for this being a taxable expense.
Which means it's really not free to you ---- you will ultimately be paying your "marginal tax rate" on the value of this ticket.

Federal + State + Local IncomeTaxes

Probably 25% or more depending on your income/ state residence.
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