Membership dues deduction as a Sole Proprietor


B

bjohnson_26

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!
 
Last edited by a moderator:
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J

John H. Fisher

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!
If you are a sole proprietor, create a line on page 2 of Schedule C
"Profit or Loss from Business".
 
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P

Paul A Thomas

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.
Schedule C, listed as an "Other Expense" item, Part V, which
flows to Line 27.
 
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F

Frank S. Duke, Jr.

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.
Just call it professional dues under the Misc. category on
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
 
Last edited by a moderator:

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