Is Membership Fees Tax Deductible?

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  • wdmmom
    Advanced Daycare.com
    • Mar 2011
    • 2713

    Is Membership Fees Tax Deductible?

    I have a membership to Sam's Club and it's where I go to purchase all my cleaning, paper and general househould products I use for the daycare.

    Can I claim any or all of the $70 membership fee as a deduction?
  • Blackcat31
    • Oct 2010
    • 36124

    #2
    Kind of random, but you pay $70 for a membership there?

    I belong to Sam's Club too but my membership fee is $100!

    We are Business Plus members.

    My DD (college age) has her own individual membership and she pays $40 annually.

    I sure hope it is tax deductible though as the ONLY reason we even bought a membership there was for the daycare.

    Comment

    • TomCopeland
      Business Author/Trainer
      • Jun 2010
      • 3062

      #3
      Membership fees

      Originally posted by wdmmom
      I have a membership to Sam's Club and it's where I go to purchase all my cleaning, paper and general househould products I use for the daycare.

      Can I claim any or all of the $70 membership fee as a deduction?
      Unfortunately, membership fees are not deductible as a business expense unless they are for a professional organization (NAFCC, local family child care association, etc.). So, membership fees to Sam's Club are not deductible.

      Attend my webinar "Tax Changes for 2012: How to Avoid Mistakes on Your Tax Return" February 12th: http://events.r20.constantcontact.co...&llr=yatrx4cab
      http://www.tomcopelandblog.com

      Comment

      • jen2651
        Daycare.com Member
        • Mar 2011
        • 230

        #4
        Originally posted by Blackcat31
        Kind of random, but you pay $70 for a membership there?

        I belong to Sam's Club too but my membership fee is $100!

        We are Business Plus members.

        My DD (college age) has her own individual membership and she pays $40 annually.

        I sure hope it is tax deductible though as the ONLY reason we even bought a membership there was for the daycare.
        Ok, so they aren't deductible, but mine was only $30....are you guys super members?

        Comment

        • wdmmom
          Advanced Daycare.com
          • Mar 2011
          • 2713

          #5
          @Blackcat: When I was up for renewal, they were offering the membership for $40 but if you got the upgrade, normally $60, they offered it for $30 so it was $70 for the year.

          Comment

          • Blackcat31
            • Oct 2010
            • 36124

            #6
            Originally posted by wdmmom
            @Blackcat: When I was up for renewal, they were offering the membership for $40 but if you got the upgrade, normally $60, they offered it for $30 so it was $70 for the year.
            Waaaay cool!

            I like the upgraded membership because we buy ALL our electronics through Sam's and with the upgraded membership, you get an additional 3 years of warranty for those products.

            I know there are other perks to the upgraded membership too but other than the "Gold Key" hours, I have never taken advantage of any others.

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