Originally Posted by
Lucky7
In keeping with APC protocal I'll add my 2 cents in order to show my moral superiority. Even if you bought it outright I would not cheat the IRS with a write off, the flight bag isn't a required or necessary piece of equipment for your duties. Is it really worth the $50 dollar credit when the IRS audits you and seizes your house for fraud and penalties and interest. They'll find you, the voices tell me so.
I find that moral superiority is achieved best by being correct.
You are not cheating the IRS when you claim luggage. Below is a pretty good web site for what and why you should claim something as an airline pilot. However if you think Uncle Sugar deserves more money feel free, don't claim your home interest loan, only use the standard deduction and make sure you pay income taxes on your 401K contributions.
Airline Employee Business Expenses Listed and Explained | EZPERDIEM.COM