Welcome Guest. Sign in or Signup

1 Answers

Dealing with taxes?

Asked by: 1673 views , , , , , ,
Flight Instructor

Next weekend I'll be taking my initial CFI checkride, to become a CFI-G.

I understand the rules about what flight training is/is not tax deductible, and that's NOT what I'm asking about here.

I'm going to be doing some parttime flight instruction with two glider clubs. I will have to drive about two hours to get to either one; commuting miles are not deductible.

What expenses do you deduct? How do you track them? What issues, if any, has the IRS had with any of that? Self employed or employee? (Club member is self employed for sure.)

Thanks!

Terry

PS It's too late for most of y'all here, but if you get an inexpensive glider commercial first, then powered commercial is tax deductible. Ditto for CFI-A after CFI-G, though that's not why I'm doing the -G first.

Ace Any FAA Written Test!
Actual FAA Questions / Free Lifetime Updates
The best explanations in the business
Fast, efficient study.
Pass Your Checkride With Confidence!
FAA Practical Test prep that reflects actual checkrides.
Any checkride: Airplane, Helicopter, Glider, etc.
Written and maintained by actual pilot examiners and master CFIs.
The World's Most Trusted eLogbook
Be Organized, Current, Professional, and Safe.
Highly customizable - for student pilots through pros.
Free Transition Service for users of other eLogs.
Our sincere thanks to pilots such as yourself who support AskACFI while helping themselves by using the awesome PC, Mac, iPhone/iPad, and Android aviation apps of our sponsors.

1 Answers



  1. Bob Watson on May 04, 2013

    I’m not an accountant, so my first advice would be to talk to one (I believe that’s deductible, but you should confirm that with him/her). That said, what follows is what I’ve picked up over the years (YMMV).

    While “commuting” to your place of employment is not deductible, travel to a job-site is. As an independent contractor, the airport would be your job-site. As far as training costs go, again, your accountant can steer you in the right direction. I’m thinking there might be a case to make if you’re using the training to expand your business opportunities.

    The bottom line is that you might want to confirm your assumptions with a professional before you get too far into it. Learning what you can and can’t deduct and how to keep the records to do that is well worth the investment (IMO)

    0 Votes Thumb up 0 Votes Thumb down 0 Votes


The following terms have been auto-detected the question above and any answers or discussion provided. Click on a term to see its definition from the Dauntless Aviation JargonBuster Glossary.

Answer Question

Our sincere thanks to all who contribute constructively to this forum in answering flight training questions. If you are a flight instructor or represent a flight school / FBO offering flight instruction, you are welcome to include links to your site and related contact information as it pertains to offering local flight instruction in a specific geographic area. Additionally, direct links to FAA and related official government sources of information are welcome. However we thank you for your understanding that links to other sites or text that may be construed as explicit or implicit advertising of other business, sites, or goods/services are not permitted even if such links nominally are relevant to the question asked.