Yes, but....
They go on a Schedule A under Employee Business Expenses (EBE). However, you can't claim the first 2% of your AGI. [Say what?] If you look at your adjusted gross income on the bottom of the first page of your 1040 (you can't file a 1040A or 1040EZ when you do a Schedule A) and multiply it by 0.02, that is the amount of EBE that the IRS says you can have before they will give you a tax break. If you union dues and other MEBE are under 2%, forget about it.
OK, so let's say your EBE are more than 2% of your AGI, the amount that they are more than 2% goes on Schedule A along with other things that go on Schedule A. However, if the total deductions on Schedule A are less than your standard deduction, the IRS says to pitch your Schedule A entirely and just go with your standard deduction.
Bottom line, if your union dues are not grossly excessive, and you don't normally do a Schedule A (you don't own a home, you don't make large donations to charity, etc.) then your tax return will not change by adding the union dues. If you normally do a Schedule A, and your union dues and other EBE are high, then it will save you on taxes. Hope this helps! :)
2006-09-22 11:07:43
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answer #1
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answered by TaxMan 5
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Yes they are, on Schedule A, but there is an AGI floor. Potentially, the dues could be deductible on Schedule C, if you are operating a business such as plumber or electrician that require the membership.
2006-09-22 02:30:07
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answer #2
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answered by Scott K 7
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Yes they are on Schedule A under Misc. Business Expense.
2006-09-22 02:21:45
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answer #3
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answered by pdidididy 1
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YES
You can deduct dues and initiation fees you pay for union
membership
For more information visit:
http://www.irs.gov/pub/irs-pdf/p529.pdf (Page 7)
2006-09-22 10:59:14
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answer #4
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answered by J L 2
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That depends on where you are located. Check out the web link below.
2006-09-22 02:23:52
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answer #5
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answered by smit 1
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yes
2006-09-22 02:31:56
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answer #6
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answered by D 3
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