[CAUT] PTG Dues

[Jeff Tanner]

On Jan 7, 2008, at 1:08 PM, Willem Blees wrote:

> Jeff
>
> IF your only source of income is working for someone else, and you  
> are required by your employer to belong to a trade organization,  
> and/or your employer requires you to purchase your own tools to do  
> your work, then they are deductible.
>

That would make sense, and if you spend enough, that is true.  But  
they are not deductible until the total reaches a certain dollar  
amount, which to my best recollection was some percentage breakpoint  
of your overall income.  Same basis as deducting health care  
expenses.  I found this out several years ago before I started doing  
outside work.  At the time, it was something like $1800 minimum  
before it became deductible.  The next year I bought my SAT III, and  
I had enough with that, dues and other tools to qualify for a  
deduction.  But only after I started doing supplementary work that  
went on a Schedule C would my accountant allow me to deduct tools or  
PTG dues under whatever that breakpoint was/is.

Jeff


Jeff Tanner, RPT
University of South Carolina



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