SIFL RATES

Historic Standard Industry Fare Level (SIFL) Rates

Use FT Scheduler to track your SIFL charges for your passengers.

The IRS has very stringent rules for personal use of the corporate aircraft. Companies are responsible for determining whether employees are or are not charged for their personal travel. 
Standard Industry Fare Levels (SIFL) is used in combination with the Terminal Charge to compute a traveler's imputed income for personal travel.  
SIFL rate information is released by the IRS twice a year - typically mid- February for the first half of the year SIFL rates and mid-August for the later half of the year. 
FT Scheduler's base module will calculate the imputed income values for you and even provide a spreadsheet output that your accounting department can review on how the charges were calculated.   

SIFL Rates for the six month period from July 1, 2017 to December 31, 2017


0-500 Miles: $0.2222 per Mile
501-1,500 Miles: $0.1694 per Mile
Over 1,500 Miles: $0.1629 per Mile
Terminal Charge: $40.63
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