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Brigham Young University Supply & Logistics Management ServicesAirfare Equivalency Worksheet for Travelers Electing to Driven of Traveler: ___ Depart Date:___Return Date:___Origin:___Destination:___Directions:

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How to fill out airfare equivalency worksheet for

01

Obtain the airfare quotes for the same travel dates from at least three different airlines.

02

Calculate the average price of the airfares by adding all quotes together and dividing by the number of quotes.

03

Fill out the airfare equivalency worksheet provided by your organization with the average price and individual prices from each airline.

04

Submit the completed worksheet along with any supporting documentation to the appropriate department for approval.

Who needs airfare equivalency worksheet for?

01

Employees who are required to travel for work and need to be reimbursed for their airfare expenses.

02

Organizations that have specific policies or regulations requiring documentation of airfare equivalency for travel expenses.

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What is airfare equivalency worksheet for?

The airfare equivalency worksheet is used to determine the value of an airline ticket for tax purposes.

Who is required to file airfare equivalency worksheet for?

Travelers who receive free or reduced-rate airline tickets as part of their compensation are required to file airfare equivalency worksheet.

How to fill out airfare equivalency worksheet for?

Fill out the worksheet by entering the details of the airline ticket received, such as the origin, destination, and date of travel.

What is the purpose of airfare equivalency worksheet for?

The purpose of the airfare equivalency worksheet is to calculate the value of the airline ticket for tax reporting purposes.

What information must be reported on airfare equivalency worksheet for?

The airfare equivalency worksheet must include details of the airline ticket received, including the fare class, route, and value of the ticket.

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