Voluntary Firefighters Tax Deduction

Voluntary Firefighters and Rescue Squad Workers Deduction for 2007

North Carolina has announced a $250.00 deduction for Voluntary Firefighters and Rescue Squad Workers on their 2007 State Tax Return.
You may deduct the $250.00 from the federal taxable income if you were an unpaid volunteer firefighter or an unpaid volunteer rescue worker who attended at least 36 hours of fire department drills and meetings or 36 hours of rescue squad training and meetings during the taxable year. An individual may not claim a deduction as both a volunteer firefighter and a volunteer rescue squad worker. In the case of a married couple filing a joint return, each spouse may qualify separately for the deduction.
This deduction is correctly a step n the right direction for the individuals that put their lives on the line on a daily basis to protect our families, homes and businesses. The second step would be to make this a federal deduction. If it was only that easy!

P. Harker Tax Advisor/Tax Preparation

http://www.effectur.com/