Deductions for Income Tax
|
To: |
All Members |
|
From: |
Mel A. Stern, president |
| |
Edward Nordstrom, treasurer |
|
Date: |
1/8/2007 |
|
Subject: |
Deductions for Income Tax |
| |
The following information should be helpful in preparing your income taxes for 2006. The amount of dues you can deduct under miscellaneous expenses is as follows:
Type of Member - Deduction Allowed
Full-time member - $709.00
3/5, 4/5, Nurse, TA - $709.00
1/5 or 2/5 - $355.00
Retired Members - $15.00
Paraprofessionals - $151.00
Also, Excess Medical premiums paid for 2006 are as follows:
Type of Member - Premium Paid
Employee with family - $120.00
Employee only - $50.40 |
| |
|
