News / Article

The Educator Expenses Tax Deduction

Source: thebalance.com - Aug 4, 2017

If you’re a teacher and you’ve paid for classroom supplies or other materials out of your own pocket – and many do – the Internal Revenue Service allows you to claim these expenses as a tax deduction. It’s an adjustment to income, so it’s an “above the line” deduction on line 23 of your Form 1040.

CLICK SOURCE TO READ ENTIRE ARTICLE

Category: General Business

Comments