Brotherhood of Locomotive Engineers and Trainmen

A Division of the Rail Conference of the International Brotherhood of Teamsters

 

 

Update from BLET Tax Compliance department

CLEVELAND, January 11 - Internal Revenue Service regulations require the BLET National Division to inform its members that a certain portion of your National Division dues are not tax deductible as a miscellaneous itemized deduction on your personal tax returns.

According to the National Secretary-Treasurer's office, the portion of the National Division dues that is not subject to deduction as an Itemized Deduction on a Form 1040 tax return is 13.56 percent for 2011. In other words, 86.44 percent of your BLET National Division dues are tax deductible.

The 13.56 percent reflects expenses associated with political lobbying efforts by the BLET, which are not tax deductible.

The non-chargeable expenses reported on the union's Dues Objector Report provides the basis for dues not subject to deduction.

Wednesday, January 11, 2012
bentley@ble.org
http://www.ble.org/pr/news/newsflash.asp?id=5226
©
1997-2012 Brotherhood of Locomotive Engineers and Trainmen
http://www.ble.org

If you worked as an engineer the entire 12 months of 2011 you paid $1090.84 in dues. You can claim $942.92 dues on your income tax return.

If you worked as a trainmen the entire 12 months of 2011 you paid $807.40 in dues. You can claim $697.92 dues on your income tax return.