Ok, here goes: I'm a regional f/o. I've usually done the basic tax return while CFIing, etc., and did so last year, my first as an f/o. I've heard people here and there say that I should be able to deduct a lot because of my job. As I understand things, the basic deduction is $5,000....My deductions don't add up to nearly that, so do I just take the standard $5K and do my return as normal? Also, is it worth $200+ for a airline specialty CPA to do my taxes, even though I make hardly anything?
I'm not too tax-savvy and am all ears for advice and insight from anyone familiar with in this area. Thanks a lot!
-Snaab
I'm not too tax-savvy and am all ears for advice and insight from anyone familiar with in this area. Thanks a lot!
-Snaab