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Important Tax Information for MIBOR members

Non-Deductible Portion of Dues Paid in 2018 (For Taxes Due in 2019) 

When doing your taxes this year, don’t forget the non-deductible portion of dues. Compliance requires that the portion of dues attributable to lobbying and political activities be considered nondeductible for income tax purposes. The following amounts represent the non-deductible portion of REALTOR® dues.

National Association of REALTORS®         38% of $150 = $57.00

Indiana Association of REALTORS®           18% of $249 = $44.82
          RPAC portion is not tax deductible                             $25.00          

MIBOR REALTOR® Association                   2% of $265 = $5.30

 

Total non-deductible dues                                                    $132.12

Note: Dues billing also includes a $35 NAR Public Awareness Campaign special assessment that qualifies as fully deductible.
Note: Additional voluntary RPAC contributions that may have been made are not tax deductible.

If you have questions, please contact Chris Pryor, MIBOR Senior Vice President of Government and Community Relations at 317-956-5240 or chrispryor@mibor.com

 

 



 

 

 

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