Oh goody, it's tax time.

[Rip Vanwinkle]

Hey. Fly for a 135 carrier. Live in domicile, rent my home, same company/domicile for the entire year. Basically I'm just a regular working slob as far as the uncle sam the tax man is concerned, right? Just take the standard deduction and cry in my beer, yes? Thanks for the time.

 

[wmudriver]

Try to find another pilot who is in the tax preparation business or an accountant who specializes in transportation workers. They would know the ins and outs of what we do and understand perdiem, ect. Check out crewtaxes.com. I'm thinking about using them this year.

 

[FLYfishin]

I use Plourde Financial. Cheap and professional. Specializes in the transportation industry. [email protected] or 207-653-4107.

 

[Rip Vanwinkle]

How cheap is "cheap"? Checkhaulers don't make much scratch.

 

[FLYfishin]

I think for a 1040 and a schedule A (itemized deductions) he charges $135 for both federal and state.

 

[Rip Vanwinkle]

Thanks for the help, guys.

 

[siouxicide]

So what are some common write-offs you guys use? One I can think of off-hand is writing off 80% of your cell phone bill. If the company calls you on that phone you can write it off.
Any money you spent towards "furthering your career". Any flight training, books, checkrides, etc., can be written off. Not sure how far you can go back if you failed to itemize in the years prior.
Someone correct me if I'm wrong here.

 

[NW Flyer]

Uniforms.

(I know you fly in "pilot pants, pilot shirt, pilot boots, etc"!)

 

[wmudriver]

phone bills, uniforms, tips, per diem (gotta becareful with that), luggage, dry cleaning, books, shoe shines...basically anything that has to do with my job, I keep reciepts for and give them to the taxman and let him work his magic.

 

[lifeguard]

Another great tax guy is Dean Tax. www.deantax.com. He is in Arvada, Co phone 1-800-dean tax. He has a really great worksheet for pilots and flight attendants that lists all the deductions you can take. he is very reasonable, too!

 

[PreContact]

Deductions

Check out this handy-dandy deduction organizer from www.pilottax.com

http://www.pilottax.com/documents/2006PTPilotSpouseProfessionalDedWeb.pdf

Also www.prodiem.com is a great company for claiming missed perdiem on layovers.

 

[8vATE]

Hey. Fly for a 135 carrier. Live in domicile, rent my home, same company/domicile for the entire year. Basically I'm just a regular working slob as far as the uncle sam the tax man is concerned, right? Just take the standard deduction and cry in my beer, yes? Thanks for the time.

No home mortgage interest deduction, no property tax deduction?
Unless you have something else to get you over the standard deduction (doubtful that 2106 Expenses would do that), looks like a 1040EZ for you.

But certainly don't take a stranger's word for gospel.

 

[lifeguard]

haircuts {if in FOM that it has to be neat and nice}, gym membership, regular laundry if you wash your shirts at home..blowdryer, curling iron, dual time zone watch computer if you need it to bid or check schedules, union dues,loss of license insurance, sunglasses, headsets..I can keep going on here.

 

[Flyby1206]

haircuts {if in FOM that it has to be neat and nice}, gym membership, regular laundry if you wash your shirts at home..blowdryer, curling iron, dual time zone watch computer if you need it to bid or check schedules, union dues,loss of license insurance, sunglasses, headsets..I can keep going on here.

gym membership? how can I get away deducting that?

 

[lifeguard]

gym membership? how can I get away deducting that?

because you need to be in good health to pass your medical. I"m not sure if it is a percentage of it or the whole thing.