| |
|
| |
In Reply to: The site is ready for tax season! posted by Webmaster on December 17, 2007 at 10:57:49:
James, your FBM deduction uses the Principle for an off-crew deduction if the sailor is a homeowner. According to IRS regs, this is not correct, only Utilities,etc and costs that would 'change' when the crew member is at home can be deducted. Likewise, even if a person pays rent to keep a rental while on-crew, this cannot be deducted...