[Code of Federal Regulations]
[Title 41, Volume 4]
[Revised as of July 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR301-52.22]

[Page 59]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
           CHAPTER 301--TEMPORARY DUTY (TDY) TRAVEL ALLOWANCES
 
PART 301-52--CLAIMING REIMBURSEMENT--Table of Contents
 
Sec. 301-52.22  Will any late payment fees I receive be reported as wages on a Form W-2?

    No, the Internal Revenue Service (IRS) has determined that the late 
payment fee is in the nature of interest (compensation for the use of 
money). Your agency will report payments in accordance with IRS 
guidelines.

[FTR Amdt. 90, 65 FR 3056, Jan. 19, 2000]