- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Air France just deposited $704 to my US bank account. That's 600 euros, to which I am entitled because my November flight to Warsaw arrived more than three hours late. (It left Paris on time, but circled the city and then returned; we were transferred to another plane.) Most of the passengers only received 250 euros, but they figured mine based on mileage from the US. Paris was only the connection.
I paid 60,000 miles plus $261 for the Business Class ticket for both flights. I got the miles when I applied for a new Chase card and met the minimum-spend requirement.
I know, this is a tax board, not a travel board, but some of us have clients who don't know their rights when their flights in and around Europe are delayed or canceled. Because, whoever heard of airline passengers having any rights?
Not to mention, some people actually pay for tickets when banks are giving them away?
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
My view is always that it is a reduction of cost and a refund for that reduction. If it was a business trip, reduce the cost. If it was a pleasure trip, who cares. Points are a refund for the expense of the products or survives received.
The Bonus Points for signing on probably should be like the toaster's given out by the banks last century. Originally a nice free bonus, but then IRS said it was taxable and the bank issued a 1099. I don't think 1099s are issued for Points., but . . . .I think Points for travel or purchases using the card are a reduction or rebate on the items purchased, meaning not an income, but if used in a business you should reduce the cost of the item purchased.
In your case, I would take it to be the cost of taking care of my self during the hours that were unscheduled and not an income.
Answers are easy. Questions are hard!
