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Old 02-22-2011 | 12:14 PM
  #60057  
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capncrunch
Gets Weekends Off
 
Joined: Feb 2008
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Originally Posted by RockyBoy
I download my Time Card each month and then the Flight Time Log for each trip and save them into Microsoft One Note. Takes less than 5 minutes once per month and gives you a record of your layovers plus flight time. In January during a long layover when it is snowing outside and your tired of watching Glenn Beck, download the Meals and Entertainment spreadsheet from the IRS site and spend about 30 minutes inputing the expenses for each layover. Add it up, plug it into Tax Act and your done for free.

This year I was paid $5500 in PerDiem and had $10,148 in expenses according to the IRS. Wrote off $4664 on form 2106 just for layover expenses. Also used Tax Act this year instead of Turbo Tax and filed my federal taxes and two state returns for less than $30....works just as good as Turbo Tax for about $100 less and about $300 less than an accountant who would just use the same program.
What pub number is that? Are you using a standard M&EI for the locations?