Important income tax update from BLET Tax Compliance Department
Internal Revenue Service regulations require that the BLET National Division inform its members that a certain portion of your National Division dues are not tax deducible as a miscellaneous itemized deduction on your personal tax returns.
Specifically, 5 percent of your $34 monthly dues to the National Division are not tax deductible.
That 5 percent reflects expenses associated with political lobbying efforts by the union, which are not tax deductible.
© 2008 Brotherhood of Locomotive Engineers and Trainmen