Part 91 Schedule

[banned username 2]

Just curoius...for those who can take your family on the plane with you, how do you deal with the new tax laws that require non-employees to claim the flight as income on their w-4's.

Is your company showing these flights on your w4's?

Has anyone had their company stop non-employee from flying?

We have always had our "guest" flying show up on our W-2's as "Imputed Income"... Basically they take the SIFL rate for the trip and show it as "Other Income"... So you pay your tax rate on the SIFL amount... A few years ago I took my wife to Vancouver for the weekend, I think the SIFL rate was something like $297, so I paid about $90 in tax or something like that...

 

[h25b]

We have always had our "guest" flying show up on our W-2's as "Imputed Income"... Basically they take the SIFL rate for the trip and show it as "Other Income"... So you pay your tax rate on the SIFL amount... A few years ago I took my wife to Vancouver for the weekend, I think the SIFL rate was something like $297, so I paid about $90 in tax or something like that...

I was under the understanding that if a certain percentage of the seats were already filled there was no need for the tax concern ???

 

[G100driver]

We have always had our "guest" flying show up on our W-2's as "Imputed Income"... Basically they take the SIFL rate for the trip and show it as "Other Income"... So you pay your tax rate on the SIFL amount... A few years ago I took my wife to Vancouver for the weekend, I think the SIFL rate was something like $297, so I paid about $90 in tax or something like that...

With the changes in SIFL laws (thank-you Congress) have you guys changed your policy? We now must pay taxes based on 50% of the DOC of the aircraft on a given trip. Kinda sucks now as you end up paying about the amount of a coach ticket.

Still better than hanging out with the cattle over in the terminal though.

 

[G100driver]

I was under the understanding that if a certain percentage of the seats were already filled there was no need for the tax concern ???

Correct provided that the trip is business in purpose. If the trip is personal use of company aircraft then taxes must be applied.

I am sure most trips are business though

 

[banned username 2]

With the changes in SIFL laws (thank-you Congress) have you guys changed your policy? We now must pay taxes based on 50% of the DOC of the aircraft on a given trip.

YIKES! I hadn't heard that... I haven't taken my wife with in a while (2 small kids at home)... So I'm really not familiar with the current changes...

 

[G100driver]

It was piggybacked onto the extension of the accelerated deprecation tax laws. Nice, huh? Congress was losing too much revenue on this one so they were going to make it up one way or another.

However, if your flight has (do not quote me on this) 30% or more seats occupied for a business purpose you do not need to report pax as personal. (Can you read classic Congressional loop-hole )

NBAA or Tax Advocates can get you up to speed on this.

For all I know we might be over-inturpeting this.

 

[Bandit60]

I think I will just ask my company to make my family employees.

 

[eyelevelflyer]

Ready

8 days off a month.

On call 24/7

A ton of office work. Seriously, my workload is equal to 4 people's jobs.

Average less than 50hrs a month.

Small family company.

Only pilot in the company.

Also work another job, yep living the good life. Still trying to come up with a job description when people ask me, "What do you do for a living", well I am a corporate pilot, plus, I answer phones, do paperwork, schedule jobs, log evidence in, pickup evidence, document scenes, do photo work, x-ray artifacts, attend inspections. Oh, I forgot, clean the boat canopy, haul the boat in for storage, (don't get to use it), and pick up my nieces and nephews, which is actually good. And I play solitare and make fax cover pages.

Sorry venting.

Fly safe.

 

[Snakum]

A few flights per year with fulltime employer (out and backs in a rental), and 70+ hours in the office per week, on average.

Ten hours per month with part-time employer (B200 with some RONs), no office time, lotsa preflight duties, but I'm happy to do 'em.

Somehow ... I gotta make my part-time gig my fulltime gig, and my fulltime gig a telecommute thang.


Minh
Wannabe Corporate TurboProp Weenie
"Why yes, Captain ... I could actually be happy flying a corporate King Air to retirement."

 

[AA717driver]

Suddenly, my QOL doesn't seem so bad... TC

 

[banned username 2]

Suddenly, my QOL doesn't seem so bad... TC

Just like everything in this world... It's all relative!

 

[501261]

Eight years with this company, man time flies. I've been home every Thanksgiving and Christmas. Flying about 425 hours per year, mostly out and backs to our offices or projects, plus the occasional "event." Very rare are personal or weekend trips, most of which account for the about 60 overnights per year. Hopefully it's my last flying job, certainly it's the kind of job that I'll ride out till it ends.

 

[Lead Sled]

2 Pilots, 1 plane, contract mx.

FSI every six months.

My CP's wife and my girlfriend are welcome to come along anytime we have an open seat. Exception: We just went to Puerto Vallarta with a full load so my boss paid for my GF to airline down and back.

No limit on meals, 4-star hotels.

Schedule is known 60-90 days in advance.

No pager, no "on-call", no pop-ups.

We have flown a total of 21 days w/12 RON's since Jan.1st.

I found the job on FlightInfo.

I thank God everyday.

HMR...
The next thing you're going to tell us is that your boss lets you fly in Levi's and shorts.

'Sled

 

[G100driver]

Got that beat. The other day I was walking around the FBO in TEB and a couple of pilots .... one older than dirt and the other quite young, were wearing slacks, shirt with tie and baseball caps. One was Simuflite and the other was just a hat (no company logo). Are you working or mowing lawn?

A lot of guys wear ballcaps in the cockpit, but walking around the FBO?

 

[Flying Illini]

HMR...
The next thing you're going to tell us is that your boss lets you fly in Levi's and shorts.

'Sled

I went through Falcon 10 initial with a guy who wore shorts and a harley t-shirt everyday at school. He said that is what his boss wants him to wear and that's what he wears on trips. No button downs, no ties, no uniform. Just be comfy. He said his boss told him that wearing a uniform doesn't mean you can fly the plane.

 

[banned username 2]

We wear Polo's and Dockers for our uniforms... We've had a few crews come home from Hawaii (where they did a crew swap) flying in Hawaiian shirts, shorts and flip-flops...

 

[G100driver]

I went through Falcon 10 initial with a guy who wore shorts and a harley t-shirt everyday at school. He said that is what his boss wants him to wear and that's what he wears on trips. No button downs, no ties, no uniform. Just be comfy. He said his boss told him that wearing a uniform doesn't mean you can fly the plane.

Not a bad a plan if you want to ensure that your pilot is more than likely not to receive job offers or inquiries while on the road. As a professional pilot, IMHO, you should at least dress like a professional. Every Chief Pilot that you meet while hanging out in FBS's could be hiring for that dream job. If you look like a slob right off the bat, chances are you will not be seen as a candidate.

BTW, we wear polo's and slacks during the summer months. Count on those slacks being pressed and the shoes shined, however.

 

[semperfido]

I went through Falcon 10 initial with a guy who wore shorts and a harley t-shirt everyday at school. He said that is what his boss wants him to wear and that's what he wears on trips. No button downs, no ties, no uniform. Just be comfy. He said his boss told him that wearing a uniform doesn't mean you can fly the plane.

Teterboro== the fashion capital of New Jersey

 

[Flying Illini]

This guy *said* he had a sweet gig and was in no way looking to go anywhere else. This was *it* for him.

We wear company polos and dress slacks during the summer months. I agree, you should look and act professional at all times. It helps you recieve quality service at FBO's as well.

 

[CapnVegetto]

Almost all the time, we wear shirt and tie, and slacks. There is no company policy, but before I trip I try to call my copilot and see what they'll be wearing so we will match, (or at least be close). However, the customer gets what the customer wants. Yesterday, flying home from EYW, I flew us home in a Hawaiian shirt, denim shorts, and my 'fighting Okra' hat, (which I'm usually wearing in the cockpit anyway). Our customer, (who is one of the nicest people I've ever met in my life), said before we left, "I ain't flying nowhere with noone with BARS on their shoulders."

Yesterday was one of those "I can't believe I get paid to do this" days. Wish they came along more often.