StuckOnReserve

What are you talking about? Airlines don't impute training costs into a pilots taxable income.

Justabusdriver1

yes they do. You get a 1099 at the end of the year. I believe it’s a 1099nec. Preemployment compensation. It’s not training costs but the outside cost of the atp ctp course is taxable compensation. You don’t pay for it through a paycheck but when you file your taxes you owe income tax as if it were paid to you

Lilsaigon

Geez what the hell. Makes me feel better paying for it and not having to worry about it.

QRH Bingo

Please update your reference sheet. Yes they do. Just ask those who received a 1099 for $4,500 of imputed income directly associated with the cost of CTP-ATP.

Njflyguy

Is this across all airlines? I'm not a CPA, but maybe there are some out there who would weigh in on a 1099 for work related training and if it can be written off as a work training expense.

QRH Bingo

I am unsure how many regionals, exactly, are currently involved in this practice. Those that I know personally, who were given the 1099, said they did try to research a way around it and were unable to locate any proper way. But, keep in mind, these are younger regional FO's that do not necessarily have access to high dollar CPA's,
YMMV

Njflyguy

A quick check of the IRS web site, which would be the ultimate authority if you can decipher it, would yield an answer of "NO". The ATP-CTP costs imputed to you (or borne out of pocket if not employer imputed) are not deductible because the training is in order for you to meet a minimum job requirement.
https://www.irs.gov/taxtopics/tc513

There's a link in that IRS page to plug in the scenario, to which it comes back with a big 'no'.

One exception would be if one were self employed, contracting as a pilot to a charter. If that contracting pilot operated under a self employment business setup(like an LLC), then any related costs towards aviation expenses - in including training of any type - would likely be deductible as business expenses to the contractor's entity. This doesn't apply though to regular W2 employees of an airline so I digressed a bit.

JohnBurke

Most airlines don't impute training costs to pilots. Perhaps a regional or two, when dealing with unqualified pilots who are still receiving their basic certification.

For qualified pilots at companies that hire qualified pilots, no.

Justabusdriver1

we are specifically talking about the atp ctp course. Not training for a type. The original poster and topic was for atp ctp and the benefit of paying for it rather than letting a regional pay for it. If a regional pays for it you sign an agreement acknowledging it’ll count as income and you’ll be taxed on it.

Timberform

How did you manage to make a booking for your ATP-CTP? I've been trying to call the numbers on the website and emailing and haven't gotten any response. Are they just extremely busy?