![]() | |||
|
Useful Links:News EssentialsThe Newsroom TopicsIRS Resources
| Issue Number: Tax Tip 2019-137What teachers should know about deducting out-of-pocket classroom expenses 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 add up fast. Fortunately, eligible educators may be able to defray qualified expenses they paid in 2019 when they file their tax return in 2020. Educators who work in schools may qualify to deduct up to $250 of unreimbursed expenses. That amount goes up to $500 if two qualified educators are married and file a joint return. However, neither spouse can deduct more than $250 of his or her qualified expenses when they file. Taxpayers qualify for this deduction if they:
Qualified expenses include:
Eligible taxpayers can claim this deduction when they file their taxes. The IRS encourages teachers to consider using tax software to help guide them through the process of claiming the deduction. Many teachers may qualify to use online software for free with IRS Free File.
Share this tip on social media -- #IRSTaxTip: What teachers should know about deducting out-of-pocket classroom expenses. https://go.usa.gov/xVvjk Thank you for subscribing to IRS Tax Tips, an IRS e-mail service. For more information on federal taxes please visit IRS.gov. This message was distributed automatically from the IRS Tax Tips mailing list. Please Do Not Reply To This Message. |
No comments:
Post a Comment