Taxes on Non-Revenue Travel

[PITbull]

Yesterday, I received a notice from US Airways that I have $400 in inputed income that is going to be reported to the IRS for non-revenue travel I took in 2005. This was being sent because I am considered non-active (I'm on VFLR). Does anybody know whats going on with this? Are the VFLR's all cosidered non-active?

Also, what's up with the late notice? Can US Airways be liable for all those who will have to redo their taxes (a note at the bottom says "we're sorry if you have to submit corrected taxes, as we know this is late").

The company just can't just "sorry" it.

If you have a late 1099 for 2005, you need to report USAiraways to the IRS. There are fines associated with sending late W2s as well as 1099.

Call the IRS ASAP.

 

[Justme]

The company just can't just "sorry" it.

If you have a late 1099 for 2005, you need to report USAiraways to the IRS. There are fines associated with sending late W2s as well as 1099.

Call the IRS ASAP.

Thanks Pb. I will call today. January 31 is the requirement.