Notices
Envoy Airlines Regional Airline

Bonus Payback - taxes?

Old 02-09-2020, 07:48 PM
  #21  
Line Holder
 
Joined APC: Jul 2016
Posts: 70
Default

I've been told you get a w2 type form of some sorts that shows how much you paid back....which reduces your taxes for the year you paid it back, not the year Envoy paid it to you.
Big Perm is offline  
Old 02-15-2020, 07:29 AM
  #22  
New Hire
 
Joined APC: Apr 2019
Posts: 5
Default

Find an accountant, the gross repayment will be reported as a loss on your return, meaning you will receive as a refund only a portion of the taxes you repaid Envoy, but not all of them. There is no way to recoup the entire tax amount you paid to Envoy. Sorry, you are going to have to go out of pocket on this one. Also, be prepared to repay the $5000 ATP-CTP cost. Envoy sends a collection letter fairly quickly, due within 60 days of same being mailed to you. They will mail you a W2 if you no longer have access to my.envoy. They follow the language of the contract you signed closely.
iFlyStick is offline  
Old 02-18-2020, 06:23 PM
  #23  
Gets Weekends Off
 
Joined APC: Nov 2017
Position: Upright
Posts: 396
Default

Can someone post a copy of the bonus payback language (with personal info redacted, of course)?
CrowneVic is offline  
Old 02-18-2020, 06:31 PM
  #24  
Gets Weekends Off
 
Joined APC: Jul 2017
Posts: 1,729
Default

Originally Posted by CrowneVic View Post
Can someone post a copy of the bonus payback language (with personal info redacted, of course)?
The agreement varies depending on when you were hired. It’s been tweaked over time as people found loopholes.
havick206 is offline  
Old 03-04-2020, 11:24 PM
  #25  
Gets Weekends Off
 
Joined APC: Mar 2017
Posts: 217
Default

What are the loopholes? Anyone getting pestered by the company?
Skip0927 is offline  
Old 03-05-2020, 02:33 AM
  #26  
Gets Weekends Off
 
Joined APC: Mar 2017
Posts: 3,624
Default

Originally Posted by Skip0927 View Post
What are the loopholes? Anyone getting pestered by the company?
Its a bit like urban legend around here, with some saying they know people who have gotten off with no repayment while others say people have had the book thrown at them. I think there is some truth to all of it honestly and ultimately is determined by which version of the document you signed.
Cyio is offline  
Old 03-05-2020, 05:13 AM
  #27  
Banned
 
Joined APC: Dec 2019
Posts: 270
Default

The real question here just begging to be asked.

Why would you leave a job at American Airlines?
THKooj is offline  
Old 03-05-2020, 05:21 AM
  #28  
Porco Rosso
 
ninerdriver's Avatar
 
Joined APC: Apr 2018
Posts: 2,522
Default

Originally Posted by THKooj View Post
The real question here just begging to be asked.

Why would you leave a job at American Airlines?
OMG they let him out of his crypt

ninerdriver is offline  
Old 03-05-2020, 05:21 AM
  #29  
Gets Weekends Off
 
Joined APC: Jun 2019
Posts: 1,268
Default

Originally Posted by THKooj View Post
The real question here just begging to be asked.

Why would you leave a job at American Airlines?
We don’t work for American Airlines. We work for Envoy Air.

but you already knew that. ​​​​​​​don’t you have anything better to do?
CLE to IAH is offline  
Old 03-05-2020, 06:16 AM
  #30  
Gets Weekends Off
 
Joined APC: Sep 2019
Posts: 413
Default

Originally Posted by THKooj View Post
The real question here just begging to be asked.

Why would you leave a job at American Airlines?
When a “professional sim instructor” who’s never been in the plane is training you for initial and isn't enough to get you through training and youre asked to resign. Well what do u do then
Chato is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
USMCFDX
FedEx
53
09-04-2015 04:18 PM
rbtower2
Other
26
09-01-2015 04:59 PM
14Kayr
Regional
94
02-28-2014 06:43 AM
PilotAnalyst
Regional
20
12-17-2012 12:27 PM
jeff122670
Regional
2
12-20-2006 10:09 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Thread Tools
Search this Thread
Your Privacy Choices