Thread: Taxes
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Old August 16th, 2004, 16:11   #2
FalconCapt
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Join Date: Nov 2003
Location: USA
Posts: 489
Default Re: Taxes

[ QUOTE ]
Do any CFI's here deduct the cost of being a CFI? For example, could I deduct the cost of my headset, gas to/from the airport, charts, IAP's, etc?

The reason I ask, I am a newly employed CFI at UND. I got hired during last week (along with roundout here on JC).

Thanks for your help

[/ QUOTE ]

If you are an independant contractor, then yes you may deduct these expenses... If you are an employee, you may not...

How can you tell? Do they take taxes out of your check? Do they pay their half of your SS Tax? If yes, you are an employee, if no, you are an independant contractor...

My guess is if you are working for UND, you are in fact an employee... Sorry...
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