Questions, Waiting, Tax Benefits
I haven’t been doing as much studying these past two weeks as I would like. I’m at the “navigation” chapter in my textbook and I am missing some tools that I need in order to complete them. Mainly a “real” E6B, some protractors and rulers.
I’m actually pretty excited about the Seneca open house this weekend. I’m going to chat with the FI I had my intro with after to get some feedback from her about what I plan on doing:
I’m going to pummel the Seneca people about their curriculum and their class sizes. I want to see if they are going to be able to have enough students for all of their classes. Also want to know if I can sign up for the winter semester, or if I’m too late. Their course calendar online is way out of date.
Once I get the info from them, I’m going to speak with the FI. Mainly to find out how it all works: what days/times ground school is at. What days works best for her in regards to teaching me. I plan on taking some of my vacation days from work to go to the airport mid week. I plan on going there 3 times a week. I’m also curious to know more information about her, what rating she has and if she’s going to be teaching me for all the other endorsements I want to get (Night, IFR, Dual Engine). Then if all goes well, hopefully by next week I will be signed up and ready to go!
I’m still waiting for my medical certificate from Transport Canada.
So I found more information about claiming your flight lessons against your income tax. All of the normal stipulations apply (you can claim parking, books, etc..) with the addition of having the flying school fill out a TL11B form. This form is available only in electronic format (according to the CCRA website). The form outlines how many hours you’ve flown along with the total cost. The important bit is the Student’s Disclosure which states:
The Canada Revenue Agency may review your claim and ask for more documentation.
This is where having a category 1 medical certificate will help prove that you are not just doing this for fun, but as education needed for a job/career. I’m assuming keeping all your receipts as well as your log book will also be used.