Originally Posted by
evilboy
Jesuschrist, is that the only deduction you people may have?. This is my third year deducting my crashpad this time around, amongst other items. I have done this before these last 3 years. The point being, you HAVE to do it if you stay in the job, and having it as a deduction it's better than nothing. My salary is just like any second/third year peon (F/O). Having to pay for a crashpad only augments my tax deductions, which btw, it is not a fixed cost called "crashpad"....it is work related expense. Those are calculated at a higher return/deduction percentage rate in your 1040A itemized forms. Anyhow, if you are single or filling standard deduction (NOT ITEMIZING), this is not for you. I'm sure those guys with a mortgage payment, kids, etc. know what I'm talking about. (So you know, this business is so good for deductions related to job expenses for the nature of it, traveling, that pretty much anything you pay for after you leave your home for the purpose of going to work, is deductible).
And btw, my accountant's main job (or any other accountant for that matter) is to know and apply IRS laws when doing a person's taxes. It is in their best interest, for auditing purposes.
All I can say is this, inform yourselves. On a normal year (when I'm flying as a job, plus my wive's salary), I have yet to get anything than a nice return back from my taxes.
Regardless of where you live, your “tax home” is where you are BASED. Expenses you incur are deductible only if outside your “tax home”. IRS Publication 463 has several pages dedicated to this subject. If you take this deduction and are audited by the IRS, you will lose. Unless this is a temporary assignment you can't deduct a crashpad.
Publication 463 (2008), Travel, Entertainment, Gift, and Car Expenses