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Can I deduct the cost of pilot training for my business aircraft?


 

Transcript:

Safely operating a business aircraft requires having professional and up to date pilots, and it often requires, by insurance, that your pilot receive training. The deduct-ability of pilot training though has been a question for the IRS and for the courts. The current status of the laws states certainly pilot training is an expense like any other of operating a business aircraft. If that pilot training is for the owner of the business, who’s also flying the aircraft in furtherance of the business, courts may take a second look at the training to make sure that it was taken in furtherance of the current operations of the business aircraft. Pilot training expenses also could run afoul of rules that talk about whether you’re trying to qualify yourself for a new trade or business. It’s important to show the connection between the pilot training that is occurring on the aircraft, and the current operational needs of the business taking the deductions.

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