Thread: Imputed Income
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Old 01-16-2019 | 07:25 PM
  #15  
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Excargodog
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Originally Posted by rightseat
So is there no imputed income on the flights taken by my parents or significant other?
Yes there is. Their free travel is considered a fringe benefit to you. You will wind up taxed for what the IRS is told the value of it is at your marginal rate.

https://www.law.cornell.edu/cfr/text/26/1.61-21
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