Deductions for Income Tax
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To: |
All Members of Half Hollow Hills Teachers’ Associa |
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From: |
Mel A. Stern, President |
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Patti Fox, Treasurer |
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Date: |
3/16/2009 |
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Subject: |
Deductions for Income Tax |
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Happy New Year!
The following information should be helpful in preparing your income taxes for 2008. The amount of dues you can deduct under miscellaneous expenses is as follows:
Type of Member Deduction Allowed
Full-time member $749.00
3/5, 4/5, Nurse, T.A. $749.00
1/5 or 2/5 $375.00
Retired Members $ 15.00
Paraprofessionals $160.17
Also, Excess Medical premiums paid for 2008 are as follows:
Type of Plan Premium Paid
Employee with family $110.40
Employee only $ 46.20
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