PnP flight expense as charitable donation

A place for pilots to chat and exchange information about their planes, flying, transports, etc....

Re: PnP flight expense as charitable donation

Postby msankaran on Sat Jan 28, 2012 4:03 am

I found definitive guidance that substantiates Steve Foley's comments above - the only expenses that can be deducted are ones that are directly connected with the flight - normally fuel and tiedown fees. If the flight without the passenger is part of the flight to pick up the dog and drop it off, I deduct those expenses - for instance, if I am flying from my home base to another airport, picking up the dog, dropping it off at another airport and then flying back to my home base, I would deduct my fuel cost for the entire trip. If you are asking whether it is ok to deduct the expense of your overnight stay, I don't know, but it seems a tad aggressive.

Mahesh
Mahesh, IFR
KBQR (Buffalo-Lancaster airport, NY)
msankaran
 
Posts: 234
Joined: Wed Apr 28, 2010 2:25 am
Location: Buffalo, NY
Last Visit: Wed Apr 16, 2014 11:37 am

Re: PnP flight expense as charitable donation

Postby sgavette on Sat Jan 28, 2012 5:37 am

No, not the hotel, just the flight. I was just concerned with the length of time for the trip and if it was still deductible if I spent a day or two on one side. Thanks.
sgavette
 
Posts: 15
Joined: Fri Jun 10, 2011 1:52 am
Location: Phoenix, AZ KDVT
Last Visit: Sat Apr 12, 2014 4:21 pm

Re: PnP flight expense as charitable donation

Postby msankaran on Sun Jan 29, 2012 3:23 pm

I am no tax accountant, but it would seem that that if you just stay overnight, as opposed to a couple of nights or more, the entire flight could be looked at as a single rescue flight. It is definitely not as clear cut as if the entire flight were accomplished in one day.
Mahesh
Mahesh, IFR
KBQR (Buffalo-Lancaster airport, NY)
msankaran
 
Posts: 234
Joined: Wed Apr 28, 2010 2:25 am
Location: Buffalo, NY
Last Visit: Wed Apr 16, 2014 11:37 am

Re: PnP flight expense as charitable donation

Postby carlsonbe on Mon Apr 30, 2012 1:37 am

Are there no guidelines on this? Surely between PNP and Angel Flight, there have to be some IRS-approved standard procedures by now on what is deductable, and what is not?
Brian Carlson
Cirrus N97RJ at KJYO
Mobile: 703-629-0381
carlsonbe
 
Posts: 24
Joined: Fri Dec 23, 2011 12:42 am
Last Visit: Fri Nov 22, 2013 10:10 pm

Re: PnP flight expense as charitable donation

Postby carlsonbe on Mon Apr 30, 2012 1:44 am

The IRS has a standard allowance for reimbursement of privately owned airplane travel -- $1.31 per mile.

See IRS ruling as of April 17, 2012 here: http://www.gsa.gov/portal/content/100715

Better than keeping records of all the little expenses, isn't it better to document the distance flown, and simply cost it at the IRS rate? that is what you would do if you drove your car for similar purposes.
Brian Carlson
Cirrus N97RJ at KJYO
Mobile: 703-629-0381
carlsonbe
 
Posts: 24
Joined: Fri Dec 23, 2011 12:42 am
Last Visit: Fri Nov 22, 2013 10:10 pm

Re: PnP flight expense as charitable donation

Postby sgavette on Mon Apr 30, 2012 4:22 am

carlsonbe wrote:See IRS ruling as of April 17, 2012 here: http://www.gsa.gov/portal/content/100715

This site lists the GSA reimbursement rate for authorized travel. And it explicitly says IRS rates may differ. I doubt this would be valid for charitable deductions.
sgavette
 
Posts: 15
Joined: Fri Jun 10, 2011 1:52 am
Location: Phoenix, AZ KDVT
Last Visit: Sat Apr 12, 2014 4:21 pm

Re: PnP flight expense as charitable donation

Postby msankaran on Sat May 05, 2012 1:05 am

This link leads you to a comprehensive review of deductions allowed by the IRS for charitable flights. the document was prepared by a law firm for the National Business Aviation Association. While the paper itself is focused on ways to increase the deductions that may be taken for charitable flights provided by corporate operators, the basic rules are applicable to ordinary GA charitable flights. The link is:

http://www.dowlohnes.com/files/upload/C ... lights.pdf

The operative paragraphs reads as follows:

While the FAA now appears to permit aircraft operators to perform some charitable flights and
take the associated tax deduction, the IRS only allows a charitable deduction for variable costs of
transportation for charitable purposes.
“Only those expenditures incurred for operation, maintenance, and
repair, which are directly attributable to the use of such aircraft” on a charitable flight can qualify as
charitable deductions.
Examples of costs that could be “directly attributable” to a charitable flight include
(a) the cost of fuel and oil for the flight, (b) pilot fees incurred solely for the flight, (c) rental charges for an
aircraft used only for the flight, and (d) extra liability insurance incurred only for the flight.

Based on the aforementioned document, I don't think that IRS reimbursement rates for aircraft can be used as the basis for claiming a deduction for charitable flights. The document is pretty clear - only variable costs directly associated with a specific charitable flight can be deducted. I haven't been able to find any more recent guidance on the subject (this document was prepared in 2006).

Mahesh
Mahesh, IFR
KBQR (Buffalo-Lancaster airport, NY)
msankaran
 
Posts: 234
Joined: Wed Apr 28, 2010 2:25 am
Location: Buffalo, NY
Last Visit: Wed Apr 16, 2014 11:37 am

Re: PnP flight expense as charitable donation

Postby msankaran on Sat May 05, 2012 1:14 am

Here's another link that also deals with the tax deductibility issue. It has the IRS's original guidance on the subject.
http://aircareall.org/tax.htm

Mahesh
Mahesh, IFR
KBQR (Buffalo-Lancaster airport, NY)
msankaran
 
Posts: 234
Joined: Wed Apr 28, 2010 2:25 am
Location: Buffalo, NY
Last Visit: Wed Apr 16, 2014 11:37 am

Previous

Return to "Pilot Talk"

Who is online

Registered users: angelsvocce, Bing [Bot], Google [Bot], mmcmanus, roblindsay, Yahoo [Bot]