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April 15, 2024
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schedule C professional org dues deduction in year paid or year paid for

  • April 15, 2024
  • 1 reply
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I realized that I renewed my 2024 org dues in Dec '23  while I renewed for 2023 in Jan  '23.   For what tax year do I deduct the dues paid in Dec'23.

Thanks!

Best answer by PaulaM

Deduct them both in the year you paid them (2023) if you are on a cash basis. 

1 reply

PaulaMAnswer
Employee
April 15, 2024

Deduct them both in the year you paid them (2023) if you are on a cash basis. 

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