Thread: Imputed Income
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Old 01-17-2019 | 01:00 AM
  #17  
tanker
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Originally Posted by Excargodog
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
Maybe at other airlines but not for SWA. At SWA there is no imputed income on personal, family, or companions passes. The only imputed income is on SWAG points which can be converted to buddy passes, Rapid Reward points, gift cards, or actual items.
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