Search
Notices
PSA Airlines Regional Airline

The Useful PSA Thread

Thread Tools
 
Search this Thread
 
Old 03-18-2015, 05:18 PM
  #2551  
Gets Weekends Off
 
chrisreedrules's Avatar
 
Joined APC: Feb 2012
Position: CRJ FO
Posts: 4,599
Default

Originally Posted by azcz10 View Post
What if you come in now (or April) with the 121 time....how long to upgrade? How long on reserve as an FO?
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.
chrisreedrules is offline  
Old 03-18-2015, 05:31 PM
  #2552  
On Reserve
 
Joined APC: Jan 2015
Posts: 14
Default

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?
akkalakakalakka is offline  
Old 03-18-2015, 05:39 PM
  #2553  
Gets Weekends Off
 
Joined APC: Mar 2014
Posts: 484
Default

Originally Posted by akkalakakalakka View Post
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?
No, they do it a pay period or two after the travel has been completed. So, they will add 3,080 to your check, tax it, then deduct the 3,080. So you're left with being taxed as if you earned an additional 3,080.
air101 is offline  
Old 03-18-2015, 05:40 PM
  #2554  
Gets Weekends Off
 
Joined APC: Jun 2010
Posts: 781
Default

Originally Posted by akkalakakalakka View Post
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?
Where are you seeing this? You pay for buddy passes' fee when you book the flight. Your companion's fees will be deducted from your paycheck. I think the fees are computed so that you're in a lower bracket for tax saving purposes.
skyxbomb is offline  
Old 03-18-2015, 05:42 PM
  #2555  
Gets Weekends Off
 
Joined APC: Jun 2010
Posts: 781
Default

Originally Posted by air101 View Post
No, they do it a pay period or two after the travel has been completed. So, they will add 3,080 to your check, tax it, then deduct the 3,080. So you're left with being taxed as if you earned an additional 3,080.
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.
skyxbomb is offline  
Old 03-18-2015, 05:54 PM
  #2556  
Gets Weekends Off
 
Joined APC: Jul 2013
Posts: 10,088
Default

I think the calculator is broken. A trip from Pitt to Orlando was estimated at $500 but the Inputed income Chart from Airways shows less than $.04-.07 per mile
CBreezy is online now  
Old 03-18-2015, 05:54 PM
  #2557  
Gets Weekends Off
 
badtransam97's Avatar
 
Joined APC: Apr 2007
Posts: 462
Default

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.
badtransam97 is offline  
Old 03-18-2015, 06:03 PM
  #2558  
Gets Weekends Off
 
Joined APC: Jun 2013
Posts: 806
Default

Originally Posted by badtransam97 View Post
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.
Go fly the 15 hours of multi over a week - if that is the only thing that is holding you back from applying, then that's crazy. Apply. It'll take 2 weeks for you to arrive for an interview and an additional 2 months for you to get a class date. I applied within 2 months of meeting minimums and had no issues.
Da40Pilot is offline  
Old 03-18-2015, 06:04 PM
  #2559  
On Reserve
 
Joined APC: Jan 2015
Posts: 14
Default

Originally Posted by CBreezy View Post
I think the calculator is broken. A trip from Pitt to Orlando was estimated at $500 but the Inputed income Chart from Airways shows less than $.04-.07 per mile

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!
akkalakakalakka is offline  
Old 03-18-2015, 06:07 PM
  #2560  
Gets Weekends Off
 
chrisreedrules's Avatar
 
Joined APC: Feb 2012
Position: CRJ FO
Posts: 4,599
Default

Originally Posted by badtransam97 View Post
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.
Reserve time has nothing to do with whether or not you have prior 121 turbine time or if you are a 1500 hour CFI. It only has to do with your seniority number. The more senior you are, the more likely you don't have to sit reserve. It usually takes guy a few months in CLT to have the seniority to bid a line and not sit reserve. It's actually not long at all considering guys are sitting reserve for 3+ years at some regional airlines right now. And if you do not have the prior 121 time then you will likely wait 18 or so months to upgrade. Again, not a long upgrade compared to most places. We have airplane deliveries scheduled through 2017. That combined with attrition will keep the movement happening. They will be hiring and upgrading for the foreseeable future. It's a good place to be and a good time be here.
chrisreedrules is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
OnMyWay
PSA Airlines
15
08-08-2015 03:25 AM
bigtime209
PSA Airlines
194
09-30-2013 11:45 AM
Jared
Regional
1
11-03-2007 07:49 AM
DANCRJ
Regional
3
10-10-2007 04:34 PM
Freight Dog
Hiring News
0
05-31-2005 11:46 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



Your Privacy Choices