2016 Tax Information

2016 Income Tax Deduction

IF YOU PAY DUES VIA PAYROLL DEDUCTION, THE FOLLOWING APPLIES:

$715.80 for full-time. This includes 8 months (January-August) of 15-16 dues ($569.60) and 2 months (November-December) of 16-17 dues ($146.20).

$369.40 for half-time. This includes 8 months (January-August) of 15-16 dues ($294.00) and 2 months (November-December) of 16-17 dues ($75.40).

**Total dues paid for 2016 can be found on your final paycheck stub from December 2016.

IF YOU PAY DUES VIA ELECTRONIC FUNDS TRANSFER, THE FOLLOWING APPLIES:

$219.30 for full-time. This includes 3 months (October-December) of 16-17 dues.

$113.10 for half-time. This includes 3 months (October-December) of 16-17 dues.

2016 Educator Expense Adjustment

1.      Educators must file Form 1040 OR 1040A in order to take the deduction for up to $250 of out-of-pocket classroom expenses. It cannot be claimed on Form 1040EZ.

2.      The deduction for educator expenses will be claimed on Form 1040, line 23 or Form 1040A, line 16, "Educator Expenses."  Educator Expenses in excess of the $250.00 can be claimed on the Form 1040, Schedule A Line 21, if the taxpayer can itemize their deductions.