Tax Tips: Deductions for Educators

Are you a teacher? Are you looking to put money directly back in your pocket after the semester? You’re in luck! Educators may be able to deduct unreimbursed expenses on their tax returns. Here are some things to know about this deduction:

  • Educators can deduct up to $250 of trade or business expenses that were not reimbursed. As teachers prepare for the next school year, they should remember to keep receipts after making any purchase to support claiming this deduction.
  • Qualified expenses should be in the amounts the taxpayer paid for the expenses in the same tax year.
  • Professional development course fees, books, supplies, or computer equipment are all valid deductions.
  • To be considered eligible, you must be a teacher, instructor, counselor, principal, or aide.

*This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax professional.

Tip adapted from[8]
[8], June 5, 2020