<prompt> Human: Hi rpersonalfinance, can someone tell me how much I can expect to pay the IRS because I am being treated by a friend who works for corporate accounting for a company to a free round trip ride on a their company jet. I was all gung-ho when my friend said no fees associated with this jet ride but then he mentioned submitting tax to the IRS, and I am a broke-ass student living paycheck to paycheck. I mean, I wouldnt be set back by an amount greater than the cost of an actual full-price plane ticket, right? How is it even calculated?  <response>: Unless this is payment in kind for work you did, you wont owe anything to the IRS. 