The educator expense deduction allows eligible teachers to deduct from their taxes part of the cost of technology, supplies, and training they use to carry out their duties. They can only claim this deduction for expenses that were not reimbursed by their employer, a grant, or another source.
The taxpayer must be a teacher, instructor, counselor, principal, or aide from kindergarten through the grade 12. In addition, you must work at least 900 hours per school year at a school that provides an elementary or secondary education, as determined by state law.
Educators can deduct up to $250 dollars of commercial or entrepreneurial business expenses. As taxpayers prepare to file, they should remember to save receipts after making any purchases to support claiming this deduction when submitting their documents to the IRS.
These are some of the expenses that an educator can deduct:
–Developmental course fees Professional
–Books
–Supplies
–Computer equipment, including related programs and services
–Other equipment and materials used in the classroom
–Personal protective equipment, disinfectant, and other supplies used to prevent the spread of coronavirus
–Expenses of protection items against COVID-19.
Among the expenses that teachers have to do to buy protection items against COVID-19 and that can be deducted from taxes, include:
–Masks
–Disinfectant for use against COVID-19
–Hand soap
-Hand sanitizer
–Disposable gloves
–Adhesive tape, paint or chalk to mark social distancing
–Physical barriers, such as clear plexiglass
–Air purifiers
–Other items recommended by the Centers for Disease Control and Prevention to prevent the spread of COVID-12
This deduction corresponds to expenses made during the tax year 2021. Taxpayers must keep records, such as receipts and other documents that justify the tax deduction. Eligible taxpayers will claim the deduction on Form 1040(SP), Form 1040-SR(SP) or Form 1040-NR(SP), attaching Schedule 1, Additional Income and Adjustments to Income.
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