Are union dues deductible
You can deduct your dues and initiation fees paid for union membership on your Federal taxes. In order to claim this deduction, you must itemize your deductions. The deduction for union dues needs to be entered as miscellaneous deductions on your Schedule A.
Some important things to consider:
- The amount you enter will need to be reduced by 2% of your Adjusted Gross Income (AGI)
- For example, if your AGI was $50,000, you could only deduct any amount you paid in union dues over $1,000
- It only makes sense for you to deduct your union dues if your itemized deductions will save you more than using the standard deduction for your filing status.
- Although you can deduct assessments for benefits paid to unemployed union members, you cannot deduct the part of the assessments that provides funds for sick, accident, or death benefits.
How to enter your union dues in TurboTax:
- After you have logged into your TurboTax Online account or started your CD/Download software, click on the Federal Taxes tab (at the top of the screen for CD/Download or on the side for Online)
- Select Deductions & Credits, then choose Explore on My Own
- Scroll down to the Employment Expenses, then click Start next to Job-Related Expenses
- Follow the on-screen prompts until you reach the following screen:
- Enter Union Dues in the description field and the amount you paid in the Amount field.