BEA Dues Deduction for Taxes 2012
Did you know that you can deduct most of your association dues from your income tax? The dues deduction amount is listed below.
Please remember that your 2012 dues for income tax includes 8 months at the 2011-12 rate and 4 months at the 2012-13 rate. If you have changed FTE from last year, or took any unpaid leave, keep in mind that your dues will be different- you will need assistance in determining the correct dues amount. Also, if you were hired this year, your dues will be different. The following amounts assumed you had paychecks from January- December, 2012.
If you have any questions, please contact the BEA office (425-440-6161). We can only give you the amounts to be deducted; we cannot give any tax advice.
.76 - 1.0 FTE --- $990.08
.51 - .75 FTE --- $787.28
.26 - .50 FTE --- $505.08
.1 - .25 FTE --- $262.88