For Florida Parents & Teachers:
For Teachers:
Source: IRS.Gov
Issue Number: Tax Tip 2022-118From markers to face masks, classroom supplies may be tax deductible Teachers go above and beyond for their students, often buying classroom supplies needed to make learning successful. The educator expense deduction allows eligible teachers and administrators to deduct part of the cost of technology, supplies and training from their taxes. They can only claim this deduction for expenses that weren’t reimbursed by their employer, a grant or other source. Who is an eligible educator: Things to know about this deduction: For 2021 returns, the limit is $250, or $500 for married educators filing jointly. As teachers prepare for the school year, they should remember to keep receipts after making any purchase to support claiming this deduction. Qualified expenses are amounts the taxpayer paid themselves during the tax year. Here are some of the expenses an educator can deduct:
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