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Thank you for your response on my question related to flight time fee. However, I need to ask what does IMHO represent. If you are saying they do not qualify I am curious as to why? The expenses are required and paid to an institution of higher learning leading to a degree in aviation.

Sorry I forgot to sign

Thanks ANNE1

IMHO means In Hy Humble Opinion.

Tuition is deductable,not all expenses paid to the school. Probably NOT PAID to the school, but to a owner's club, etc.

Shareholder Insterest Expense


Thanks for taking the time to respond to my earlier question, but I'm not sure I follow you. I've tried putting it on the K-1 entry screen on his individual return and I get the seperate deduction line on Schedule E Page 2, but it keeps getting added back on line 21 of the 1040 as being disallowed. How do you get it to recognize the passthrough S Corp income as "investment" income so it will allow the deduction? Or am I going about it completely the wrong way?

I don't want to go the Schedule A route if I don't have to cause he has pretty high income level and the 2% floor cuts into the deduction quite a bit.


User Name should not be an e-mail address

Hi, I'm updating an old message I left you last fall, just to bring this back to your attention.

You're exposing your e-mail address to spammers when you use it as your user name on this website, as it gets shown on multiple pages on the boards. Because of that TaxAlmanac now recommends that you do not use your e-mail address as your user name. Also, e-mail addresses tend to be longer than the average user name, and long user names can negatively affect the format of the discussion boards. (This will be more of a problem if you were to start a discussion, since what happens is that the "creator" and "last poster" names stretch out to allow the entire name to fit, compressing the "topic" column. If your name is stretching the "last poster" column, that'll fix itself the next time somebody posts to the discussion. It's tougher to fix the stretched "creator" column.)

This problem with how the discussion forum index handles long names is a known issue that's on Intuit's list of things to fix, but in the meantime we're just letting people know about it in case they're willing to change to a shorter name so that their posts won't mess up the formatting of the discussion board index.)

There are two ways to change your user name:

1. You can just start anew with a different user name (preferably fewer than 10 characters, using lower case when possible), and abandon this one. (Just sign out with this name, close all of your browser windows, and if possible quit your browser, and then when you next log in again, click create a new account and run through the process again.) Then be sure to copy your user page info over from the old account to the new account.

2. You can request a name change, which will carry the user history, user profile, and user start-date from this account over to a new name. To request a name change, send a note to Tim Doyle, or leave a note on my talk page, indicating that you'd like to have this name changed, and provide a suggestion or two for what your new name should be (preferably 10-12 characters or fewer, using lower case when possible). As long as the new name hasn't been assigned to someone else, we can do the name change fairly quickly. The next time you come back, you'll log in with the new name and your original password, and from then on your posts will be labelled with the new, shorter, name.


Trillium 20:28, 4 October 2008 (CDT) - updated Trillium 21:14, 4 November 2009 (CST) to provide reasons, options

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