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Dues Year 2023-2024

 

Federal tax law allows you to deduct a percentage of professional dues as a regular business expense. The deductible amount is the percentage of the annual dues that is not used for lobbying activities. Below is the total percentage deductible for TMA and your local medical society. Omnibus Budget Reconciliation Act of 1993 (P.L. #103-66)


 

SOCIETY

PERCENTAGE

Benton-Humphreys County Medical Society 81%
Blount County Medical Society 84%
Bradley County Medical Society 82%
Carter County Medical Society 80%
Chattanooga-Hamilton County Medical Society 85%
Coffee County Medical Society 79%
Consolidated Medical Assembly of West Tennessee 81%
Dormant Society Member Direct 78%
Franklin County Medical Society 80%
Greene County Medical Society 81%
Knoxville Academy of Medicine 86%
Lakeway Medical Society 82%
Lincoln County Medical Society 78%
Maury County Medical Society 81%
The Memphis Medical Society 85%
Monroe County Medical Society 81%
Montgomery County Medical Society 80%
Nashville Academy of Medicine 81%
Northwest Tennessee Academy of Medicine 81%
Robertson County Medical Society 82%
Stones River Academy of Medicine 81%
Sullivan County Medical Society 82%
Sumner County Medical Society  80%
Tennessee Valley Medical Society 82%
Tipton County Medical Society 81%
TMA Direct Member 86%
Upper Cumberland Medical Society 80%
Washington-Unicoi-Johnson County Medical Association 83%
Williamson County Medical Society 81%
Wilson County Medical Society 79%