2016 DUES ARE DUE ON JANUARY 1, 2016. Dues must be paid no later than January 31, 2016 to avoid incurring a $50 late fee. Late payments must include the $50 late fee or they will be returned.
Membership dues are not deductible as charitable contributions, but may be deductible as an ordinary and necessary business expense, subject to restrictions imposed as a result of association lobbying activities. For 2016 NAR dues of $155 per member, NAR computes 42% or $50.40 to be nondeductible for the member’s income tax due to NAR’s lobbying efforts. The NAR Consumer Advertising Campaign Assessment fee of $35, which is included in the NAR dues amount, is deductible. For 2016 CTR dues of $165 per member, CTR computes 31% or $51.15 to be nondeductible for the member’s income tax due to CTR’s lobbying efforts. The mandatory CTR Issues Advocacy fee of $10, which is included in the CTR dues amount, is not deductible for income tax purposes. The Voluntary Issues Advocacy contribution is not deductible. For 2016 ECAR REALTOR dues of $400 per member, ECAR computes 1% or $4 to be nondeductible for the member’s income tax due to ECAR’s lobbying efforts. For 2016 ECAR AFFILIATE dues of $195 per member, ECAR computes 1% or $1.95 to be nondeductible for the member’s income tax due to ECAR’s lobbying efforts. The Voluntary Gates Scholarship Fund contribution is deductible to the extent allowed by law.
