Deducting training contract
#1
Deducting training contract
Someone posted a whole list of things you can deduct from your taxes as a flight crew member (thanks!).
Does anyone know if you can deduct training contract payments from a previous job? It seems like as much of a work expense as anything else... Thanks!
Does anyone know if you can deduct training contract payments from a previous job? It seems like as much of a work expense as anything else... Thanks!
#3
Gets Weekends Off
Joined APC: Dec 2017
Position: single-pilot multi turbine captain
Posts: 240
Also, we know that essentially nothing is deductible for employees anymore - so the more specific question is would such payment be deductible for a contractor payed via form 1099?
#5
Occasional box hauler
Joined APC: Jan 2018
Posts: 1,676
Id talk to an actual CPA. You’d be surprised what you can still write off. It just needs to add up to more than $20k.
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turk
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01-13-2012 05:58 AM