fallguy Posted September 21, 2006 Report Share Posted September 21, 2006 So I've started flight training and like everyone else my bank account is hemoraging $$$. I am training from PPL to CFII with the intention to start my career as a CFI and onward. My question is, can you deduct your flight training expenses if you're not yet working as a CFI? Do you have to wait to start earning revenue before you can deduct these expenses? Does anyone have any experience with their own taxes doing this? I work in a different field of aviation and it is common practice to deduct everything from meals on the road to common airtime as "training expenses". I know this is more of a question for an accountant, but with so many people entering the industry on this forum, I wanted to see if anyone was doing this themselves. Thanks Quote Link to comment Share on other sites More sharing options...
Guest rookie101 Posted September 21, 2006 Report Share Posted September 21, 2006 See:http://helicopterforum.verticalreference.com/helicopterfor...80&hl=taxes and:http://helicopterforum.verticalreference.com/helicopterfor...66&hl=taxes The second link may or may not answer your question but it deals with deductibles none the less so you may find it useful. I found these topics via the search the feature at the top of the board index, use that and it should answer a lot of your questions (including this one). Quote Link to comment Share on other sites More sharing options...
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