Ytd atlas !!!
#81
Line Holder
Joined APC: Dec 2018
Posts: 95
Not correct. The IRS manual uses an example of a truck driver based in PHX. ALL of the driver's trips start and end in PHX...which makes PHX the driver's tax home.
For many Atlas pilots, the above does not apply, because only a minority of trips start and end at their base. The IRS does not explain that situation...at all. This is why Imputed Income was being done in a non-standardized way, and not in accordance with IRS rules.
For many Atlas pilots, the above does not apply, because only a minority of trips start and end at their base. The IRS does not explain that situation...at all. This is why Imputed Income was being done in a non-standardized way, and not in accordance with IRS rules.
Anyway, imputed income was challenged by one of our guys (MJ) that group sourced funds to do it and it didn't didn't favor us in the end. BTW that was under ALPA's watch and they did nothing. IRS isn't in the business of giving money back if they can help it. Especially if the money is in their possession.
1224 even hired a tax law office to review it again after we moved to IBT around 2012. Didn't work out for us any better. PM me if your interested and I'll send you what IBT got on it from them.
#82
Gets Weekends Off
Joined APC: Oct 2016
Position: furloughed
Posts: 429
We call it "hotel reserve" because Atlas realizes most people don't live in base. Atlas could called it "short call" reserve and require everyone to be able to report to the airport within 90 minutes. Again, in the eyes of the IRS we do live in base and so having a hotel in our "home" city is a benefit.
#83
this is interesting because many of the regionals now offer "commuter hotels" to their pilots (around 4 rooms a month IN BASE) that can be used either the night before a trip starts or the night after a trip ends. I have never heard of anyone getting imputed for these rooms, it seems like the same situation as when Atlas gateways you out the day before and puts you up in a hotel for the night before a trip starts.
Except for training, In the past year, to start a trip I was never sent from home to the same airport twice.
#84
Gets Weekends Off
Joined APC: Jul 2017
Posts: 1,334
this is interesting because many of the regionals now offer "commuter hotels" to their pilots (around 4 rooms a month IN BASE) that can be used either the night before a trip starts or the night after a trip ends. I have never heard of anyone getting imputed for these rooms, it seems like the same situation as when Atlas gateways you out the day before and puts you up in a hotel for the night before a trip starts.
If you choose to come here it's really worthwhile to speak with and use a CPA when you do your taxes. It's saved us a lot of money and kept us out of trouble with the IRS. Some people recover whatever they lose to imputed income taxes when they do their own taxes at the end of the year.
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