41 C.F.R. § 301-71.213 Is the additional fee, which is the equivalent to any late payment charge that the card contractor would have been able to charge had the employee not paid the bill, considered income?
Title 41 - Public Contracts and Property Management
Yes, you must report this late payment fee as additional wages on Form W-2. [FTR Amdt. 90, 65 FR 3058, Jan. 19, 2000]
Title 41: Public Contracts and Property Management
PART 301–71—AGENCY TRAVEL ACCOUNTABILITY REQUIREMENTS
Subpart C—Travel Claims for Reimbursement
§ 301-71.213 Is the additional fee, which is the equivalent to any late payment charge that the card contractor would have been able to charge had the employee not paid the bill, considered income?
