The Useful PSA Thread
#2551
Most guys with the prior 121 time are looking at a 6 to 8 month upgrade as of right now. So basically it will take you a few months to get from DOH to the line, and then you will fly the line for a handfull of months then to upgrade you go. Reserve is almost nonexistent if you bid DAY or TYS, 2 to 4 months tops if you bid CLT.
#2552
On Reserve
Joined APC: Jan 2015
Posts: 14
For anyone who's been using travel benefits for a while, how does the "imputed income" work? I'm trying to fly down my niece on buddy passes and my sister who is a registered companion, and the thing says 3,080 dollars of imputed income, is that added up and taxed at the end of the year as if it were actual income? If so, does anybody have horror stories of having to pay ludicrous amounts of money to the IRS during tax return season and regret their decision to use these passes?
#2553
Gets Weekends Off
Joined APC: Mar 2014
Posts: 484
For anyone who's been using travel benefits for a while, how does the "imputed income" work? I'm trying to fly down my niece on buddy passes and my sister who is a registered companion, and the thing says 3,080 dollars of imputed income, is that added up and taxed at the end of the year as if it were actual income? If so, does anybody have horror stories of having to pay ludicrous amounts of money to the IRS during tax return season and regret their decision to use these passes?
#2554
Gets Weekends Off
Joined APC: Jun 2010
Posts: 781
For anyone who's been using travel benefits for a while, how does the "imputed income" work? I'm trying to fly down my niece on buddy passes and my sister who is a registered companion, and the thing says 3,080 dollars of imputed income, is that added up and taxed at the end of the year as if it were actual income? If so, does anybody have horror stories of having to pay ludicrous amounts of money to the IRS during tax return season and regret their decision to use these passes?
#2555
Gets Weekends Off
Joined APC: Jun 2010
Posts: 781
Doesn't that mean the 3,080 is taxed already? So essentially you're paying taxes on something that you will be paying for anyway. Higher potential for return since the amount taxed will be greater than what your income should be.
#2557
Is the 2-4 month reserve in CLT for nonproior 121 as well as previous 121 guys? I'm realistically looking at applying, or actually meeting req's by the end of April, first of May. I think you can actually apply if you are within 3 months of mins?? I just lack about 15hrs multi. Trying to get a realistic timeline of number one, reserve length, and secondly a general idea of upgrade time. I think a previous post said around 2yrs, wasn't sure if that was for folks already in the pipeline.
#2558
Gets Weekends Off
Joined APC: Jun 2013
Posts: 806
Is the 2-4 month reserve in CLT for nonproior 121 as well as previous 121 guys? I'm realistically looking at applying, or actually meeting req's by the end of April, first of May. I think you can actually apply if you are within 3 months of mins?? I just lack about 15hrs multi. Trying to get a realistic timeline of number one, reserve length, and secondly a general idea of upgrade time. I think a previous post said around 2yrs, wasn't sure if that was for folks already in the pipeline.
#2559
On Reserve
Joined APC: Jan 2015
Posts: 14
I like this post the best. I think ANC (Anchorage) - PHX- CLT - ORF and back, though a large trip, according to the chart, 180$ bucks or so. Messed up, I'm gonna call tommorrow. Thanks!
#2560
Is the 2-4 month reserve in CLT for nonproior 121 as well as previous 121 guys? I'm realistically looking at applying, or actually meeting req's by the end of April, first of May. I think you can actually apply if you are within 3 months of mins?? I just lack about 15hrs multi. Trying to get a realistic timeline of number one, reserve length, and secondly a general idea of upgrade time. I think a previous post said around 2yrs, wasn't sure if that was for folks already in the pipeline.
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