Originally Posted by
WhiskeyKilo
But during the trips the hotels are not charged as imputed income correct? Just during training and if you request a flight/hotel from the company to get to your base/trip. That is what I gather from all of this.
That is correct. Just prior to and after the trip will you get imputed.
Then, to be on the safe side for your financial planning, deduct that from the first year monthly minimum guarantee of $3982.00, subtract some federal and state taxes, subtract some health insurance and maybe a little donation to your 401k (because Atlas won't donate unless you do), and a percent or two for the union and, voila! you are rolling in the big bird dough!
After the $1600 a month for 4 months of training, this will look like a windfall!
So, before any deductions (taxes, health insurance, imputed income, dues, etc., etc.) you'll have 4 months at $1600 and 8 at $3980 ($79.60 x 50 hrs) for a guaranteed first year Atlas heavy aircraft income of ...
wait for it ...
here it comes ...
Thirty eight thousand, two hundred and forty dollars !!!!!!
wooo hoooo
awesome