You can deduct all ordinary and necessary business expenses.
If your expense is common and accepted in your business, and helpful and appropriate, you can deduct it in the below area:
To deduct unreimbursed employee business expenses, you must
1. Have enough itemized deductions (ie. Medical, mortgage interest, property taxes, charitable giving, ect) to exceed your Standard Deduction.
2. If you itemize, your deduction is limited to the extent that it exceeds 2% of your Adjusted Gross Income.
So, you may not gain a tax benefit for this deduction due to the above limitations.
For example, if you itemize your deductions and your Adjusted Gross Income is $50,000, 2% would equal $1,000
You can only deduct the dollar amount that exceeds $1,000
,
I'M SORRY BUT THIS DOES NOT ANSWER THE QUESTION OF ADDING A UNION ASSESSMENT. IT DOES NOT FALL UNDER THIS STEP. IF IT DOES IM STILL NOT SEEING IT? ANY OTHER ADVISE MAYBE EXPLAINED IN PLAIN ENGLISH?
THANK YOU.
OK, can you give me a specific definition of a union assessment, and is it required of you?
Its a working assessment of 4.5 % of an hrly rate pd to each union iron worker / payroll deduction of the employees hrly rate. Does this make sense? Thanks again for trying to assist me.
Thank you, is it required or common and accepted as well as helpful and appropriate?