IRS Issues SIFL Rates for Second Half of 2021

October 22, 2021

The IRS has released (Internal Revenue Bulletin 2021-42) the Standard Industry Fare Level (SIFL) rates for flights taken during the second half of 2021 (7/1/21-12/31/21). These rates are used in determining amounts added to employee W-2s for personal use of company aircraft. These rates are adjusted based on aircraft weight and whether the employee is a "control employee" as follows:


Maximum Certified Takeoff Aircraft Multiple for a Aircraft Multiple for a

Weight of the Aircraft Control Employee Non-Control Employee

6,000 lbs. or less 62.5 percent 15.6 percent

6,001-10,000 lbs. 125 percent 23.4 percent

10,001-25,000 lbs. 300 percent  31.3 percent

25,001 lbs. or more 400 percent 31.3 percent



The rates: 


Period During Which 

the Flight is Taken Terminal Charge SIFL Mileage Rates

7/1/21-12/31/21 $81.43 Up to 500 miles = $.4455 per mile

  501-1500 miles = $.3396 per mile

  Over 1500 miles = $.3265 per mile


Please contact an Eide Bailly tax professional for more information. 



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