Originally Posted by elmetal

Imputed income is a way the IRS collects taxes on a benefit that is given to someone who isn't you, or isn't your collective financially speaking (children and wife for example). What that means is the IRS wants taxes paid upon these benefits. For example: buddy passes, parents, etc.


The way imputed income is calculated varies from airline to airline, but I bet SWA has a table of the "value" of a specific route in monetary terms, and what translates to is, as far as the government is concerned, taxes owed. So you might see an "imputed income" of $100 for a flight, and then under deductions see a 100 dollar post tax deduction. What that essentially means is that you paid income tax on the $100 flight.


Now for actual numbers and such you have to consult your travel department or SWAPA. I know here at NK we have a table with approximate values for a leg and such.