- 15 - Issue (5): Union Dues - 1993 Petitioner claimed a deduction for union dues in the amount of $360 on his Schedule A for 1993. Documentary evidence introduced by petitioner at trial establishes that petitioner paid union dues to Local 998 of the Amalgamated Transit Union (AFL-CIO) in the amount of $331.65 in 1993. Petitioner contends that his exhibit contains a typographical error and that the amount actually paid was the amount claimed on his return. However, the matter is moot because of the 2-percent floor on miscellaneous itemized deductions prescribed by section 67. Section 67(a) provides that in the case of an individual, miscellaneous itemized deductions are allowable only to the extent that the aggregate of such deductions exceeds 2 percent of the individual's AGI. A deduction for union dues constitutes a miscellaneous itemized deduction. Sec. 67(b). In petitioner's case, the deduction for union dues is petitioner's only miscellaneous itemized deduction in 1993, and 2 percent of petitioner's AGI for that year exceeds the amount that petitioner seeks to deduct. Accordingly, no deduction is allowable.Page: Previous 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Next
Last modified: May 25, 2011