Aeromodeling Audit

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12 comments

Could you possilby enlighten us Mr. Downwind on these expenses that you refer to as "Radio Control Therapy?"

I don't think you can consider Buddy Box flight training as a charitable contribution or write off.

I understand your Gee Bee model is valuable, but the US Government will not accept it as a form of payment.

...Do you have a high wing maybe, Gee Bees are too hard to fly.

I'm sorry, applying MonoKote will not protect your tax form from being picked apart by the IRS.

No, the government does not offer a bailout for those trying to recover after crashing a model.

Sign here, here, and here. ok the will be $5000 for use of the local park for this year

SIR, THIS DEDUCTION FOR YOUR MODEL AIRPLANES AS DEPENDENTS - BECAUSE THEY CAN'T FLY WITHOUT YOU ...AH NO!!!!

Can we deduct for downed aircraft??

Are you sure the money I spend at the hobby shop is not a chartiable donation?

And, so as I read it, your new job description as penned by you now reads...."Model Aviation AS AN ESSENTIAL JOB FUNCTIO in your daily work performance"?

"I understand, but you cannot use these expenditures as travel expenses!"

Would you like to claim the loss of aircraft as a loss in capital gains or research and development expense?

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