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#2
08-17-2005, 12:18 AM
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 Re: Membership dues deduction as a Sole Proprietor bjohnson_26[at]hotmail.com wrote: - quote - > For federal income taxes, I'd like to deduct the membership
Just call it professional dues under the Misc. category on> dues I pay as a real estate agent. > I'm not an employee, and the dues are for organizations > that are professional organizations, which are not organized > for entertainment. > For the life of me, I can't find out where, on which line > of which form, do I claim this deduction. the back of the Schedule C. All freely provided advice guarantee correct or double your money back Frank S. Duke, Jr. CPA Cincinnati, OH USA << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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#1
08-15-2005, 01:28 PM
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| Re: Membership dues deduction as a Sole Proprietor <bjohnson_26[at]hotmail.com> wrote - quote - > For federal income taxes, I'd like to deduct the membership
Schedule C, listed as an "Other Expense" item, Part V, which> dues I pay as a real estate agent. > I'm not an employee, and the dues are for organizations > that are professional organizations, which are not organized > for entertainment. > For the life of me, I can't find out where, on which line > of which form, do I claim this deduction. flows to Line 27. -- Paul A. Thomas, CPA Athens, Georgia taxman at negia.net << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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08-15-2005, 01:27 PM
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| Re: Membership dues deduction as a Sole Proprietor bjohnson_26[at]hotmail.com wrote: - quote - > For federal income taxes, I'd like to deduct the membership
If you are a sole proprietor, create a line on page 2 of Schedule C> dues I pay as a real estate agent. > I'm not an employee, and the dues are for organizations > that are professional organizations, which are not organized > for entertainment. > For the life of me, I can't find out where, on which line > of which form, do I claim this deduction. > Does anyone know? Thank you so much for your help! "Profit or Loss from Business". << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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#-1
08-15-2005, 09:29 AM
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| Membership dues deduction as a Sole Proprietor For federal income taxes, I'd like to deduct the membership dues I pay as a real estate agent. I'm not an employee, and the dues are for organizations that are professional organizations, which are not organized for entertainment. For the life of me, I can't find out where, on which line of which form, do I claim this deduction. Does anyone know? Thank you so much for your help! << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
| Tags |
| deduction, dues, membership, proprietor, sole |
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