Tag Archives: airline tickets

Expiration of Airline Ticket Taxes – and Possible Refunds

NOTE: This opportunity has expired. See the comment after this post. Or…  Today TaxMama wants to alert you to a potential summer refund available to you.  This is important news for frequent travelers! This could be worth a lot of money to you.   

Airline Miles

Today TaxMama hears from Rachel in the TaxQuips Forum, who did something clever. “If I booked a ticket for a friend of mine with my airline points and I was paid the value of the ticket, is that considered taxable income? If so, which line would I put it on the 1040?”