Employees can no longer deduct union dues in tax years 2018 through 2025 as a result of the Tax Cuts and Jobs Act (TCJA), which Congress signed into law on December 22, 2017. However, if you’re self-employed, you can still deduct union dues as a business expense.
But, here is the good news…
https://www.irs.gov/newsroom/
EXPECT TO HEAR FROM THE WHEA IN THE FUTURE WITH A NEW “Know Your Paycheck” message.
Did you know there are 30 possible deduction codes for your paycheck? We are trying to put together something that can be easily read for you all.
Theresa
