Msg ID:
2718895 |
HAA Float Pilot +0/-0
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Author:Tax Questions
2/1/2022 10:50:41 AM
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Question for the float pilots out there about taxes. If I take a float pilot job for a company based in a state that I may never work in except for indoc, do I have tax implications for that state?
EX: I live in IL, float pilot job is based out of LA, I would work in different states than IL or LA, how does that play out at tax time? Are taxes due in LA or all of the states I may work? |
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Msg ID:
2718900 |
Complicated, and generally based in each State's tax code +2/-2
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Author:Feds don't care!
2/1/2022 11:23:17 AM
Reply to: 2718895
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Federal income is federal income..... so we're not talking federal taxes.
State taxes vary. Generally, it is based on where the job is, not where you live. If the job is based in IL, you will likely be taxed IAW IL State tax code, even if you live in a non-tax state, such as TN or FL etc. You may be taxed by both states in some cases.
I physically lived in Georgia, commuted to Ohio for a job in an airline where I was domiciled, and was liable for State income taxes in both location. |
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Msg ID:
2718904 |
Complicated, and generally based in each State's tax code +0/-0
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Author:taxman
2/1/2022 11:44:08 AM
Reply to: 2718900
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Depends on where your tax home is. |
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Msg ID:
2718905 |
Complicated, and generally based in each State's tax code +1/-0
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Author:what a dumb answer above
2/1/2022 12:24:46 PM
Reply to: 2718900
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don't listen |
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Msg ID:
2718912 |
Complicated, and generally based in each State's tax code +0/-0
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Author:I think we are all aware
2/1/2022 12:57:29 PM
Reply to: 2718900
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there is only one federal tax |
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Msg ID:
2719003 |
You'd be surprised! (NT) +1/-0
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Author:Anonymous
2/2/2022 9:05:47 AM
Reply to: 2718912
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Msg ID:
2719019 |
You'd be surprised! +0/-0
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Author:I would
2/2/2022 10:40:34 AM
Reply to: 2719003
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Get serious |
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Msg ID:
2718908 |
HAA Float Pilot +0/-1
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Author:The answer is
2/1/2022 12:34:45 PM
Reply to: 2718895
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No. You will only be responsible to whatever tax code in the state you reside in. Period |
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Msg ID:
2718924 |
HAA Float Pilot +2/-0
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Author:Not correct
2/1/2022 2:26:07 PM
Reply to: 2718908
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Example, live in Nevada but work I. Arizona. You'll pay non-resident taxes for Arizona. |
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Msg ID:
2718947 |
HAA Float Pilot +1/-0
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Author:work in california
2/1/2022 4:53:03 PM
Reply to: 2718908
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You pay california tax. |
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Msg ID:
2718931 |
I was a float for 6 months (NT) +0/-0
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Author:Paid my original/home state taxes
2/1/2022 3:05:05 PM
Reply to: 2718895
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Msg ID:
2718933 |
The Lesson is, or should be, Clear… +1/-1
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Author:Anonymous
2/1/2022 3:13:50 PM
Reply to: 2718895
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...don't ask helicopter pilots about taxes. Go to your nearest tax preparer, give them all the facts, and you will get the correct answer. ...aaaaaand, if it happens not to be correct for some reason, and you use a tax preparer, they will be financially responsible for any penalties or assessments that may occur.
See?
It's called division of labor: You do your job of helicopter flying, and let a professional tax preparer do your taxes.
And never ask a helicopter pilot about anything, including helicopter flying. The accident rate should tell you that much. |
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Msg ID:
2718938 |
The Lesson is, or should be, Clear… +3/-0
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Author:no harm on asking
2/1/2022 3:51:27 PM
Reply to: 2718933
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it's not like he's not going to have someone on here prepare his taxes |
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Msg ID:
2719182 |
The Lesson is, or should be, Clear… +0/-0
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Author:pilot
2/4/2022 8:25:36 AM
Reply to: 2718933
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What an idiotic post. Never ask a helicopter pilot anything. Well, the same could be said about every profession. I know a couple of professions I would never ask anything about. First, would be a doctor or nurse. They are mainly book smart and know little to nothing about just about everything, including Medicine. Look at how the medical profession has totally f***ed up the COVID situation. Most of the nurses I fly with couldn't put air in their car tires let alone work on a car or truck. Forget doctors, most are idiots who think they know everything when in fact they are rocks with eyebrows. |
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Msg ID:
2718948 |
HAA Float Pilot (NT) +0/-0
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Author:google is your friend
2/1/2022 4:54:51 PM
Reply to: 2718895
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Msg ID:
2718951 |
HAA Float Pilot +1/-0
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Author:it is
2/1/2022 5:02:51 PM
Reply to: 2718948
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but not so much in this case or tax preparers would be out of business |
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Msg ID:
2718967 |
HAA Float Pilot +1/-0
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Author:Just
2/1/2022 6:25:27 PM
Reply to: 2718951
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Evade taxes |
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Msg ID:
2718968 |
HAA Float Pilot +1/-0
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Author:Sure
2/1/2022 6:36:21 PM
Reply to: 2718967
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Just throw that w2 in garbage and forget about it |
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Msg ID:
2718973 |
HAA Float Pilot +1/-0
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Author:Only
2/1/2022 7:23:37 PM
Reply to: 2718968
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If you owe in April. |
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Msg ID:
2719008 |
HAA Float Pilot +1/-1
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Author:Just
2/2/2022 10:18:22 AM
Reply to: 2718895
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pay in your home state, leave it at that. You can open Pandoras box just like Wuhan. |
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Msg ID:
2719011 |
HAA Float Pilot +1/-1
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Author:You don’t have that choice
2/2/2022 10:24:01 AM
Reply to: 2719008
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Your company decides who to pay and you often will have to sort it out later. |
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Msg ID:
2719061 |
its based on YOUR home address on file +0/-0
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Author:thats what they do for me
2/2/2022 7:25:44 PM
Reply to: 2719011
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it is out of where I Live and reside full time where I pay taxes...not where your company is. |
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Msg ID:
2719062 |
its based on YOUR home address on file +0/-0
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Author:ive been a float for 8yrs
2/2/2022 7:27:41 PM
Reply to: 2719061
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i go all over the country for my HAA company...my state taxes are taken out of where my place of residence is....OR you could just call payroll and ask them...LOL....might be simplier... |
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Msg ID:
2719066 |
its based on YOUR home address on file +0/-1
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Author:Actually
2/2/2022 9:27:01 PM
Reply to: 2719062
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For example if you live in Oregon but work in Nevada but the company you work for is based in Georgia you will need to pay Montana and Indiana state tax. Im a helicopter pilot I know what I'm talking about except for when it comes to just about everything. |
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Msg ID:
2719077 |
its based on YOUR home address on file +1/-0
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Author:Your
2/3/2022 12:21:48 AM
Reply to: 2719066
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state of principle base is your state tax home, or if a float pilot just pay state of residence. Doesn't matter where the company had "its" home. Don't make love febdifficult! |
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Msg ID:
2719150 |
It's the same tards who can't understand the 14 hour rule (NT) +0/-0
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Author:in HAA
2/3/2022 6:23:07 PM
Reply to: 2719077
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Msg ID:
2719169 |
It's the same tards who can't understand the 14 hour rule +0/-1
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Author:credibility
2/3/2022 9:44:22 PM
Reply to: 2719150
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Not that anyone one on this site has it, but tard, bro guy get some new material. I fly fixed and rotor wing, tard and bro guy peddle tricycles! |
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Msg ID:
2719251 |
It's the same tards who can't understand the 14 hour rule +0/-0
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Author:That’s the
2/5/2022 9:41:28 AM
Reply to: 2719169
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One where you can fly 14 hours in 24 period and have to take 8 hour rest before you can start next 10 hours. Nailed it. |
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Msg ID:
2720471 |
It's the same tards who can't understand the 14 hour rule (NT) +0/-0
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Author:Ludicrous
2/14/2022 11:38:07 PM
Reply to: 2719169
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Msg ID:
2719353 |
HAA Float Pilot +1/-0
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Author:And
2/5/2022 6:05:49 PM
Reply to: 2719011
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your company can create a problem for you as well. They have no right to do that. Take charge of your own situation. |
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Msg ID:
2720468 |
HAA Float Pilot +0/-0
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Author:Your
2/14/2022 11:12:07 PM
Reply to: 2719011
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company has no control of your taxes excepting in the most rare of cases. Have your CPA focus it and stop worrying. |
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Msg ID:
2719407 |
HAA Float Pilot +0/-0
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Author:Aaa
2/6/2022 11:14:13 AM
Reply to: 2718895
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49 U.S. Code § 40116 - State taxation
(f)Pay of Air Carrier Employees.—
(1)In this subsection—
(A)
“ pay” means money received by an employee for services.
(B)
“ State” means a State of the United States, the District of Columbia, and a territory or possession of the United States.
(C)
an employee is deemed to have earned 50 percent of the employee’s pay in a State or political subdivision of a State in which the scheduled flight time of the employee in the Stateor subdivision is more than 50 percent of the total scheduled flight time of the employee when employed during the calendar year.
(2)The pay of an employee of an air carrier having regularly assigned duties on aircraft in at least 2 States is subject to the income tax laws of only the following:
(A)
the State or political subdivision of the State that is the residence of the employee.
(B)
the State or political subdivision of the State in which the employee earns more than 50 percent of the pay received by the employee from the carrier.
(3)Compensation paid by an air carrier to an employee described in subsection (a) in connection with such employee’s authorized leave or other authorized absence from regular duties on the carrier’s aircraft in order to perform services on behalf of the employee’s airline union shall be subject to the income tax laws of only the following:
(A)
The State or political subdivision of the State that is the residence of the employee.
(B)
The State or political subdivision of the State in which the employee’s scheduled flight time would have been more than 50 percent of the employee’s total scheduled flight time for the calendar year had the employee been engaged full time in the performance of regularly assigned duties on the carrier’s aircraft.
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Msg ID:
2719473 |
HAA Float Pilot +1/-0
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Author:Pretty
2/6/2022 3:54:58 PM
Reply to: 2719407
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much describes the situation of an airline pilot.
IF you are a helicopter pilot pay the state taxes of your residence and worry about the rest at tax time which will come down to the maximum of those state taxes due.
IF an itinerant pilot don't worry about it at all. Pay your residence state taxes and forget the rest. If challenged, which won't occur 99.99% of the time, then deal with it.
State taxes are not something to worry about. Let the statute of limitations do the job for you, and don't worry about undeclared income to any XYZ state. Phissss hole in a snow storm
BTDT on all of it.
Get a CPA to do your taxes and breathe freely. |
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Msg ID:
2720469 |
HAA Float Pilot +1/-0
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Author:Good
2/14/2022 11:25:17 PM
Reply to: 2719473
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advice excepting if you live in a state with no state tax and work at a base that assesses tax. You'll probably owe full state tax to that state in which your full time base is located.
Like you said, get a CPA to do the taxes. They generally get it right.
Dealt with this issue for 26 years and ran in to very minimal adjustments required. |
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Msg ID:
2720472 |
HAA Float Pilot +0/-0
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Author:Accountants don’t do taxes
2/14/2022 11:40:28 PM
Reply to: 2720469
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Accountants do accounting. |
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Msg ID:
2720474 |
HAA Float Pilot +1/-0
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Author:Baloney.
2/14/2022 11:46:05 PM
Reply to: 2720472
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Really experienced in the area, eh? |
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Msg ID:
2720641 |
HAA Float Pilot +0/-0
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Author:you betcha
2/17/2022 12:03:39 PM
Reply to: 2720474
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who the hell has an accountant besides a business. nobody, that's who. |
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Msg ID:
2720473 |
HAA Float Pilot +1/-0
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Author:That
2/14/2022 11:42:55 PM
Reply to: 2719473
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maximum can be misleading. It is based on the maximum of the one state involved with the highest percentage due, not the maximum sum of all of them. I kniw, duh, but I do taxes and the misconceptions are hilarious at times, and costly at others. |
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