Nursing Associations and Your Road to a Tax Refund (maybe)

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• Academy of Neonatal Nursing

• Air & Surface Transport Nurses Association

• American Academy of Ambulatory Care Nursing

• American Academy of Nurse Practitioners

• American Association of Neuroscience Nurses

• American Association of Nurse Anesthetists

• American Association of Nurse Assessment Coordinators

• The American Association of Nurse Attorneys

• American Association of Nurse Life Care Planners

• American Association of Occupational Health Nurses

• American College of Cardiovascular Nurses

• American College of Nurse-Midwives

• American College of Nurse Practitioners

• American Holistic Nurses Association

• American Nephrology Nurses’ Association

• American Nurses Association

So you want to advance your nursing career by networking. I always knew that you were very smart person. Plus judging by the list above, you done some great research. This list is just a small portion of great nursing association waiting for you. Let us imagine that is now April 15th and the birds are singing in the air. It is a wonderful day because your taxes are due. Why would the IRS set that deadline date knowing that your working a night shift on the 14th and 15th? You are now rushing to your 2nd favorite accountant because you that I'm your first love. Suddenly, my voice appears in your head and I softly say "did you remember to deduct your association dues and have a bless day?"

Every possible deduction counts so lets learn about deducting your "qualifying" professional association dues. Yes, I said "qualifying." The IRS doesn't give anything away with a catch.
 IRS Publication 17 states that you may be able to deduct dues paid to professional organizations (such as bar associations and medical associations) and to chambers of commerce and similar organizations, if membership helps you carry out the duties of your job. So, if you joined an accountant association but you are a nurse then the deduction is not qualified. By the way, stop trying to steal my job.

Professional association dues are noted under the general heading of Unreimbursed Employee Expenses. Claim these expenses on Schedule A, the form for listing all itemized deductions. Add these and other miscellaneous deductions together, and deduct only that amount that exceeds 2 percent of your adjusted gross income, showing on Line 38 of your Form 1040. If your employer reimburses you for any professional association dues, you can't deduct them.
Stay tune for my next posts to learn how to advance your nursing career and save taxes at the same time.
Jamaal Solomon, EA, MST