Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Cargo
Just notified about IRS Audit FDX >

Just notified about IRS Audit FDX

Search

Notices
Cargo Part 121 cargo airlines

Just notified about IRS Audit FDX

Thread Tools
 
Search this Thread
 
Old 03-26-2010 | 07:34 PM
  #31  
Gets Weekends Off
 
Joined: Aug 2006
Posts: 1,535
Likes: 0
From: 1559
Default

Originally Posted by Airbusdriver
Did not use Turbo Tax.
You can still sign up, but it costs a lot more.

This package alone makes TT worth it.

TaxResources Member Center
Reply
Old 03-27-2010 | 04:03 AM
  #32  
Thread Starter
On Reserve
 
Joined: Aug 2006
Posts: 13
Likes: 0
From: Capt. MD11
Default

Audit Defense is less than $50. Turbo Tax offers it at checkout and just prior to sending out your taxes to IRS.
Reply
Old 03-27-2010 | 06:44 PM
  #33  
SKYKN6's Avatar
Gets Weekends Off
 
Joined: Oct 2006
Posts: 163
Likes: 0
From: B777 Capt(retired)
Default About the time you think you figured it out..

I've used turbotax & audit defense for years. This year someone pointed out Pro Diem and it worked great. Easy and $1500 greater deduction than my figuring...... AMT added $600 at the finish line. Somehow I did not come out any better but there's peace of mind that it is accurate. I'll do the same next year.
Reply
Old 04-07-2010 | 09:33 AM
  #34  
machz990's Avatar
Gets Weekends Off
 
Joined: Jul 2006
Posts: 494
Likes: 0
From: 777 CAP
Default

Originally Posted by SKYKN6
I've used turbotax & audit defense for years. This year someone pointed out Pro Diem and it worked great. Easy and $1500 greater deduction than my figuring...... AMT added $600 at the finish line. Somehow I did not come out any better but there's peace of mind that it is accurate. I'll do the same next year.
I've calculated my taxes for several years two ways:
1. With all per diem and unreimbursed employee expenses.
2. Without No. 1.

I find that the AMT nullifies any/most of the tax advantage and if you have a high 2% AGI threshold you may barely cross it. Is it worth the effort and potential for an audit?
Reply
Old 01-04-2011 | 11:22 AM
  #35  
Thread Starter
On Reserve
 
Joined: Aug 2006
Posts: 13
Likes: 0
From: Capt. MD11
Default

Just notified week before x-mas no problem with taxes, owe nothing.

If you use turbo tax, pay the extra for Audit Defense. There were excellent well worth the money
Reply
Old 01-07-2011 | 04:07 PM
  #36  
jungle's Avatar
With The Resistance
 
Joined: Jan 2006
Posts: 6,191
Likes: 0
From: Burning the Agitprop of the Apparat
Default

Originally Posted by machz990
I've calculated my taxes for several years two ways:
1. With all per diem and unreimbursed employee expenses.
2. Without No. 1.

I find that the AMT nullifies any/most of the tax advantage and if you have a high 2% AGI threshold you may barely cross it. Is it worth the effort and potential for an audit?
Bingo, the AMT is moving the goalposts every year and trying to take a few deductions triggers it.
Generating a long list of deductions is also more likely to win you the audit prize.
Reply
Old 01-07-2011 | 04:23 PM
  #37  
New Hire
 
Joined: Dec 2010
Posts: 1
Likes: 0
Default test

Test test test test
Reply
Old 01-07-2011 | 04:37 PM
  #38  
jungle's Avatar
With The Resistance
 
Joined: Jan 2006
Posts: 6,191
Likes: 0
From: Burning the Agitprop of the Apparat
Default

Originally Posted by Citrullo
Test test test test
You didn't study.
Reply
Old 01-08-2011 | 08:07 AM
  #39  
FlyByNite's Avatar
Gets Weekends Off
 
Joined: May 2006
Posts: 157
Likes: 0
From: Captain
Default

Originally Posted by Citrullo
Test test test test
Studying for a urine test?
Reply
Old 01-08-2011 | 10:02 AM
  #40  
Tractor Bob's Avatar
Gets Weekends Off
 
Joined: Jun 2006
Posts: 227
Likes: 0
From: MD11
Default

any one have any experience with Pilot-Tax? HR block affiliated company. Does some marketing on APC.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Laughing_Jakal
Cargo
90
04-11-2010 05:15 AM
Lindy
Cargo
35
02-07-2010 12:27 PM
KnightFlyer
Cargo
23
11-12-2009 06:10 PM
Timeoff2fish
Cargo
0
09-26-2009 05:57 AM
grant123
Cargo
14
09-18-2008 09:31 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices