Tax deductible flying

[Matthew]

Certain expenses for operations like Angel Flight and Pilots and Paws can be tax deductible.

Anything else?

I just thought of Young Eagles, and maybe if you flew for some kind of disaster relief agency.

 

[James331]

If you fly for a living everything.

My hangar, annuals, fuel used in my personal plane, charts, ipad, etc.

 

[Matthew]

If you fly for a living everything.

My hangar, annuals, fuel used in my personal plane, charts, ipad, etc.

I was more thinking about the charitable donation aspect. I wasn't clear enough on that.

There are probably a number of ways that I just haven't thought about yet.

 

[airdale]

Anything else?

CAP. Flying, uniforms, even driving to meetings and events -- all deductible.

G1000 182 for $20-30/hour dry, deductible. Checkrides generally free as is most mission flying.

 

[Henning]

CAP. Flying, uniforms, even driving to meetings and events -- all deductible.

G1000 182 for $20-30/hour dry, deductible. Checkrides generally free as is most mission flying.

You pay for some mission flying twice? Once in taxes and once directly?

 

[airdale]

You pay for some mission flying twice? Once in taxes and once directly?

That's a CYA because I don't know what goes on in every corner of CAP, everywhere in the country. Any mission flying that I am familiar with has been Air Force-paid.

 

[EppyGA]

Eagle flights

 

[poadeleted20]

If you fly for a living everything.

My hangar, annuals, fuel used in my personal plane, charts, ipad, etc.

That would be true if your plane is used only for business. Any personal use at all would change that significantly. Contact your tax professional for details.

 

[ChrisK]

You pay for some mission flying twice? Once in taxes and once directly?

Not all training missions are funded by the government.