Originally Posted by rickair7777

You are correct. The industry standard is that the SP deducts 0.3 per leg to account for the hood being off for taxi, TO, and LDG. Example:

1.0 Hour Flight
Joe: Pilot (under the hood)
Jack: SP

Joe logs 1.0 TT, 0.7 simulated IFR, the approache(s) and the LDG.
Jack logs 0.7 TT.

To maximize shareable time, you normally fly all approaches to the missed except for the last one, which terminates in a LDG.