Originally Posted by
3 green
I haven't been able to use the per diem expense from flightline for years..Once you get to a certain income you cannot deduct it. I think most Delta pilots already fall into this category.
Guessing youre talking about AMT, which was significantly raised such that most of us shouldn't have to deal with it.
I was able to save quite a bit with per diem each year, though I can't give you any numbers. I was just starting to pay AMT.
I think the biggest difference for me is the cap on state and local taxes. Hadn't assumed it would be a big issue living in Georgia, but when I added it up, I'm losing a huge deduction.
Quick math shows I will be a few percent ahead of last year on total taxes, mostly due to having 3 school age kids. Curious to see how it works out.