American Pilots Living Abroad: World's Worst Tax
Returns?
HONG KONG (July 2, 2014 - CNNMoney) - Think filing
your tax return is a pain? You've got nothing on American pilots who live
abroad.
As they crisscross the globe, IRS rules require expat American
pilots to record exactly how long they're flying over the U.S., foreign
countries and international waters. Once they land, the pilots have to track
exactly when they're working, and when they're off the clock.
Here's why:
If they ever face an IRS audit, the pilots will have to prove - using flight
plans or other documents - exactly how much money they've earned in each
jurisdiction, on land or in the air.
For this small slice of the American
population, following the IRS rules to the letter means a tax headache that
lasts 365 days a year.
"It's insane," said a Hong Kong-based airline
pilot, who asked to remain anonymous over fears he would lose his job. "On every
flight, I have to log the time I'm over foreign countries, and the time I'm over
international waters and the U.S."
In fact, anyone who works abroad on a
plane or a ship - flight attendant, merchant mariner or cruise ship dancer - can
be required to produce those records.
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