Originally Posted by
FDXLAG
BJ,
Thanks for the tips but again you just blow off the deductions. How can you possible say the break even point is 148K when I would venture to say the average tax return here at FEDEX has 50K worth of deductions. What does that do to your break even point? Bidding an FDA (looking for a pay raise) is stupid if you don't have some good financial advice. Getting that good financial advice can only be done with the cooperation of the Company or the Union. I expect more from my union.
If you sell your home most pilots will lose two of their largest tax deductions, mortgage interest and property taxes. Hence your AGI is higher and may kick you into the AMT tables. This is assuming you have to "bear the burden of your equivalent US taxes" as per the tax equalization package in the LOA.