Thread: Imputed Income
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Old 01-17-2019, 01:00 AM
  #17  
tanker
Gets Weekends Off
 
Joined APC: Apr 2007
Posts: 441
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Originally Posted by Excargodog View Post
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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