Archive for the ‘Educator Expenses’ Category.

For The First Time, Maximum Educator Expense Deduction Rises To $300 In 2022; Limit $250 For Those Filing 2021 Tax Returns

The IRS reminds us in IR-2022-70 that the Maximum Educator expense Deduction is $250 for tax year 201 and rises to $300 for tax year 2022, rising $50 per annum with inflation thereafter.  This pertains to teachers from Kindergarten to 12th grade regarding their unreimbursed expenses- Bo...

Click here for more

What teachers should know about deducting out-of-pocket classroom expenses

What the IRS wants teachers from Kindergarten to 12th grade to know about unreimbursed expenses that they incur for the classroom. Now that fall is here and school has started, many teachers are dipping into their own pockets to buy classroom supplies. Doing this throughout the year can a...

Click here for more

Categories

You have not assigned any widget for this section.

Categories

Member and Featured Faculty of

Member and Featured Faculty of