FDX Commuting TA Timebomb
09-14-2006 | 04:23 PM
#81
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From: A300 Captain
You use your deviation bank to buy a $400 ticket to MEM to begin a RES period. You owe the IRS taxes on $400 at your rate. So what? You owe them for the same thing you did last year and the year before that, and that has nothing to do with FedEx or Colorado law or the RLA or the phase of the moon. It's Federal Tax law. Now you'll be in compliance..
09-14-2006 | 04:37 PM
#82
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From: Triple Capt
Thanks Tony for the appropriate comments. As a commuter, I DON'T CARE! Still doesn't affect me because I don't buy the tix. I use the jumpseat and if it means coming in a day early or leaving in the afternoon, that's what I do. It's the price I pay for commuting. This is just a compliance issue and anyone making a deal out of it is a tempest in a teapot. If you spend $400 on a ticket rather than riding the jumpseat that's your business, but now you've got to report it.
09-14-2006 | 05:12 PM
#83
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Joined: Apr 2006
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Hey this sounds kind of like the deal with increasing the rig to 3.75 and then ***** about losing the 6.4 a day on vacation. We have an incredible deviation policy adn now we're bitching about something that's a great deal. You give and you take. It's kind of like the accepted fare. You don't like it, come to Mem and begin the trip there. Fred will pay whatever it takes to get you to DSM from Mem. Unfortunately it may not be enough to get you there for Napa Valley. We could just do away with the whole deviation thing and then you won't have to pay taxes on anything. You call this a deal breaker. You're an idiot.......
09-14-2006 | 05:59 PM
#84
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From: leaning to the left
Hey!!! I've got it!!
Being a commuter, myself. I've been trying to figure out how to not have to pay the taxes on the 2 tickets I didn't report, last year. Ok, that solved that.
Now, this next year. How about I just claim the taxes as part of my deviation expense, on my expense report? Just add 28%. Or, actually I guess I'll have to add 33%, due to my stinkin' COLA raise and non-retro payment bumping me up to the next tax-bracket..
Being a commuter, myself. I've been trying to figure out how to not have to pay the taxes on the 2 tickets I didn't report, last year. Ok, that solved that.
Now, this next year. How about I just claim the taxes as part of my deviation expense, on my expense report? Just add 28%. Or, actually I guess I'll have to add 33%, due to my stinkin' COLA raise and non-retro payment bumping me up to the next tax-bracket..
Last edited by Busboy; 09-14-2006 at 06:50 PM.
09-14-2006 | 06:55 PM
#85
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From: A300/310 Capt
Hey!!! I've got it!!
Being a commuter, myself. I've been trying to figure out how to not have to pay the taxes on the 2 tickets I didn't report, last year. Ok, that solved that.
Now, this next year. How about I just claim the taxes as part of my deviation expense, on my expense report? Just add 28%. Or, actually I guess I'll have to add 33%, due to my stinkin' COLA raise and non-retro payment bumping me up to the next tax-bracket..
Being a commuter, myself. I've been trying to figure out how to not have to pay the taxes on the 2 tickets I didn't report, last year. Ok, that solved that.
Now, this next year. How about I just claim the taxes as part of my deviation expense, on my expense report? Just add 28%. Or, actually I guess I'll have to add 33%, due to my stinkin' COLA raise and non-retro payment bumping me up to the next tax-bracket..
09-14-2006 | 06:57 PM
#86
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From: MD11 Capt
Boy ... I'm shocked that you MEM guys don't have a problem with this issue (OK, I'm not really shocked, it has ZERO effect on you). Give me a break. If this is an IRS regulation, then it has no business in our contract. I notice they didn't write the requirement to pay federal income tax into our contract. This MUST be a ruse to get commuters to use a company jumpseat and save the company bucks!
Mark
Mark
06-11-2007 | 03:50 PM
#87
Line Holder
Joined: May 2005
Posts: 1,286
Likes: 1
In light of today's FCIF
I thought I would revive this thread based on today's FCIF from JL. Rereading this thread, it looks like the "new guidance" contradicts what we thought this taxable commuting verbiage was going to mean. Any thought on the "new way?"
06-11-2007 | 04:15 PM
#88
Organizational Learning
Joined: Nov 2005
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From: Directly behind the combiner
It looks to me like it matches exactly.
If you use deviation money to get to Memphis (or your base, LAX, ANC), it's taxable as a Company-paid commuting expense.
If you use deviation money to get anywhere else, it's a Company-paid business travel expense -- not taxable.
.
If you use deviation money to get to Memphis (or your base, LAX, ANC), it's taxable as a Company-paid commuting expense.
If you use deviation money to get anywhere else, it's a Company-paid business travel expense -- not taxable.
.
06-11-2007 | 04:21 PM
#89
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From: 1559
Agree. It took a while to get there in this thread, but you can see where statements made after the roadshows match the FCIF. The only thing that wasn't clear prior to JL's examples, was buying a ticket to come to MEM for a live trip. Now we know and Tony summed it up fairly succinctly.
Last edited by MX727; 06-11-2007 at 08:54 PM.
06-11-2007 | 06:27 PM
#90
Line Holder
Joined: May 2005
Posts: 1,286
Likes: 1
I guess we can bury this thread...
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