crashpad deductions

[ghostrider16]

has anyone found a way to deducte crashpads and crashpad car expenses? thanks

 

[GuppyWN]

Get a gun.

Gup

 

[Yodafly]

its easy as long as you don't get caught

 

[crj567]

As far as I know-they are not deductible. People cook up all sorts of tricky stuff to try and deduct things like this, but I think the bottom line with the IRS is that a crashpad is optional-not required for your line of work. So is a car.

 

[Secret Squirrel]

If you own the Crashpad as a business.

 

[shearedshaft]

Just hope your auditor doesn't understand the airlines, basing and "transportation worker" deductions.

That's the best answer you're going to hear.

Traveling from home to and back from work isn't ever deductable, even if it's long-distance. It's not deductable if it's short distance either.

Think of it this way: if you live in the suburbs and drive to an office job in the city, you don't get to deduct the $.50 per mile. Same if you live in Sacramento and travel to work in Seattle as an airline guy. No deductions for you!

If you travel between two places where you're working, that's deductable. You can play some games with "temporary" assignments, but you still better cross your fingers.

On the other hand, if you're a lucky sorta dude, you can just deduct it off your taxes and go an entire career without an audit and you'll be fine. Are you feeling lucky? Are you?

 

[LawReview]

That is all correct. No deductions.

 

[737tanker]

The only time that the IRS allows expenses for hotels or crashpads is if you are temporarily, that is 6 months or less, away from your home base.

 

[Donald]

Here is another what if. What if you have two jobs in two different cities? Many of us live at one job (or guard/reserve) and commute to another. I asked a CPA that questioned and it stumped him. Unfortunately, he never got back to me on that one.

 

[fr8doggie]

Here is another what if. What if you have two jobs in two different cities? Many of us live at one job (or guard/reserve) and commute to another. I asked a CPA that questioned and it stumped him. Unfortunately, he never got back to me on that one.

You CAN claim your crashpad if it is in the same city as your Guard/reserve gig. ie. FDX MEM based and you fly C-5's for the MEM Guard.

 

[MILPILOT17]

A lot of tax experts on FI? Go see a good aviation CPA; I know guys that have been taking the deductions for years and the money spent on the CPA is well worth the peace-of-mind!

 

[Secret Squirrel]

Yea, go do that. CPA shop until you find one that will allow you to take the deduction. And then just sit back and wait until you get audited. It will be spectacular. or maybe you will never get audited. Just remember, the CPA will get in some trouble but you will still owe the tax plus penalties and interest.

 

[MILPILOT17]

Yea, go do that. CPA shop until you find one that will allow you to take the deduction. And then just sit back and wait until you get audited. It will be spectacular. or maybe you will never get audited. Just remember, the CPA will get in some trouble but you will still owe the tax plus penalties and interest.

Not if it's legal?! I'll take the CPA over the FI crowd on April 15th. By the way, have you really tried to interpret tax code? I find it much more difficult than learning and flying a 737.

 

[Secret Squirrel]

Yes I have. Even the original poster realizes it is not a legal deduction.

Taken directly from Pub 463
Tax Home Different From Family Home

If you (and your family) do not live at your tax home (defined earlier), you cannot deduct the cost of traveling between your tax home and your family home. You also cannot deduct the cost of meals and lodging while at your tax home. See Example 1 that follows.


Example 1.
You are a truck driver and you and your family live in Tucson. You are employed by a trucking firm that has its terminal in Phoenix. At the end of your long runs, you return to your home terminal in Phoenix and spend one night there before returning home. You cannot deduct any expenses you have for meals and lodging in Phoenix or the cost of traveling from Phoenix to Tucson. This is because Phoenix is your tax home.



The only people with any shot at taking a deduction are those in the military reserve/national guard.

 

[MILPILOT17]

Looks like you have it all figured out? Good luck!