BLET Tax Deduction for Dues

Post date: Feb 15, 2016 11:49:58 PM

STEP 1: $127 dues monthly x 12 months = $1,524 a year in dues

STEP 2: $1,524 (yearly dues) x .158 (% not deductible) = $240.79

STEP 3: $1,524 dues - $240.79 (15.8% not deductible) = $1,283.21 dues deduction on your 1040 personal tax return

More info can be found HERE

**updated with the most current information available**