Per Diem Expense Report
01-16-2019, 05:40 PM
#1
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Joined APC: Apr 2010
Posts: 44
Per Diem Expense Report
I went to order my 2018 perdiem expense report from Sabre and was unable. They sent me an e-mail saying the 2018 reports won’t be available to order until the end of January.
The pilot I am flying with tried the same and they told him because of the new changes in the tax laws we can no longer claim those on our taxes.
Just trying to see if anyone knows if this is really the case or what is going on?
The pilot I am flying with tried the same and they told him because of the new changes in the tax laws we can no longer claim those on our taxes.
Just trying to see if anyone knows if this is really the case or what is going on?
01-16-2019, 05:48 PM
#2
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Joined APC: Aug 2012
Posts: 609
Originally Posted by butterwm
I went to order my 2018 perdiem expense report from Sabre and was unable. They sent me an e-mail saying the 2018 reports won’t be available to order until the end of January.
The pilot I am flying with tried the same and they told him because of the new changes in the tax laws we can no longer claim those on our taxes.
Just trying to see if anyone knows if this is really the case or what is going on?
The pilot I am flying with tried the same and they told him because of the new changes in the tax laws we can no longer claim those on our taxes.
Just trying to see if anyone knows if this is really the case or what is going on?
Miscellaneous deductions which exceed 2% of your AGI will be eliminated for the tax years 2018 through 2025. This includes deductions for unreimbursed employee expenses and tax preparation expenses. ... These expenses also include unreimbursed travel and mileage, as well as the home office deduction
01-16-2019, 07:30 PM
#4
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Joined APC: May 2015
Position: Power top
Posts: 2,959
Originally Posted by Rooster435
Yes, no longer deductible.
Miscellaneous deductions which exceed 2% of your AGI will be eliminated for the tax years 2018 through 2025. This includes deductions for unreimbursed employee expenses and tax preparation expenses. ... These expenses also include unreimbursed travel and mileage, as well as the home office deduction
Miscellaneous deductions which exceed 2% of your AGI will be eliminated for the tax years 2018 through 2025. This includes deductions for unreimbursed employee expenses and tax preparation expenses. ... These expenses also include unreimbursed travel and mileage, as well as the home office deduction
01-16-2019, 07:45 PM
#5
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Joined APC: Mar 2007
Position: Capt
Posts: 3,215
Just saw a post here recently...guy walked in to the Accountant's office, said he was a pilot...Accountant told him, without even asking any details, that he was going to be screwed on his taxes this year. My biggest deduction was $18K for perdiem...all gone...
01-16-2019, 08:48 PM
#6
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Joined APC: Nov 2016
Posts: 1,306
The middle class got screwed by that bill. Pilots and transportation workers even more so. It was a bill designed to help large corporations and their owners, not the employees of those corporations.
And while we subsidize the uber rich, our children will be the ones to suffer the consequences.
And while we subsidize the uber rich, our children will be the ones to suffer the consequences.
01-17-2019, 03:14 AM
#8
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Joined APC: Sep 2016
Posts: 6,716
Originally Posted by atpcliff
Just saw a post here recently...guy walked in to the Accountant's office, said he was a pilot...Accountant told him, without even asking any details, that he was going to be screwed on his taxes this year. My biggest deduction was $18K for perdiem...all gone...
01-17-2019, 03:18 AM
#9
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Joined APC: Feb 2008
Posts: 19,306
I really thought I was going to get screwed this year. Did a preliminary run on my taxes and will do much better than last year. I am no longer subject to the AMT which is huge and the lower brackets help. Went from usually owing 5 to 6k a year to a substantial refund.
01-17-2019, 03:19 AM
#10
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Joined APC: Mar 2007
Position: Petting Zoo
Posts: 2,074
Originally Posted by sailingfun
I really thought I was going to get screwed this year. Did a preliminary run on my taxes and will do much better than last year. I am no longer subject to the AMT which is huge and the lower brackets help. Went from usually owing 5 to 6k a year to a substantial refund.
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