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Posted

Any contract pilots care to chime in on the topic of taxes? I currently fly for two different companies during the year, hoping to add one more. I am currently W2 at both places.

 

What exactly is required to be a 1099 pilot?

 

One of the employers is a family business and I'm guessing I won't qualify as a 1099 there. But the other I am playing around with 1099 so I can write off travel/food/etc.

Posted

Tell them you want to be a contract employee, and request a 1099 for tax purposes. There should be no problem with it. Its actually easier on them They don't have to calculate any withholding (FICA & FIT).

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