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I have recently been elected president of our local labor…

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I have recently been...

I have recently been elected president of our local labor union and receive $9,500 per year. Do I need to report this as income when if file my yearly taxes?

Accountant's Assistant: The Expert will know how to help. Please tell me more, so we can help you best.

The past union president has told me he never claimed his pay in the past.

Submitted: 11 months ago.Category: Tax
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Answered in 25 minutes by:
9/17/2017
Tax Professional: Barbara, Enrolled Agent replied 11 months ago
Barbara
Barbara, Enrolled Agent
Category: Tax
Satisfied Customers: 6,651
Experience: 20+ years of experience in tax preparation; 30+ years of experience as a real estate/corporate paralegal.
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Welcome to Just Answer. My name is ***** ***** I will be happy to assist you.

You do need to report the $9500 you receive as income.

The past union president is incorrect by not claiming his pay as income.

Please let me know if I can assist you further.

Thank you and best regards,

Barb

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Tax Professional: Barbara, Enrolled Agent replied 11 months ago

Just following up with you to see if you have any other questions or concerns. If so, please let me know so I can continue to help you.

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