Originally Posted by
kdinino
Bump on this--bought my employee a flight and she is now no longer with our company. Agent says her upcoming ticket can only credit to her name? Did I just comp my employee a $200 SWA credit as severance? Or could I use the PNR and just book travel in my name? Agent was not helpful....
I suppose if you want to draw attention to this severance "gift", you could issue a 1099-MISC for the face value of the ticket. That would be semi-mean, but absolutely proper tax-wise. Note that 1099's are not normally required for amounts less than $600 AFAIK. That's what makes it semi-mean.