A Free Site Brought To You By

Tax Liability

What is meant be a tax liablity for a pilot or flight attendant tax return?

A pilot or flight attendant's tax liability is the amount of tax they actually owe after a tax return is prepared.  If estimated payments during the course of a tax year were in excess of the tax liability, then the tax payer will receive a tax refund.  If the estimated payments were less than the tax liability, the tax payer will owe tax to the IRS and may also incur a penalty.

The amount of a taxpayer's tax liability is dependant on:


User Agreement | Per Diem Deduction | Full Service Crew Taxes | Pilot Jobs
Copyright 2010 Aviation Tax Glossary. All Rights Reserved.
Sign In