2019 – 07/01 In no time at all, educators will be preparing for a new school year. They may qualify for a tax deduction that puts money back in their pockets. Educators can deduct up to $250 of unreimbursed trade or business expenses, but they must keep receipts to support their claims. Taxpayers can’t deduct more than $250 each, but two eligible taxpayers who file a married-joint tax return can take a $500 deduction. Qualified expenses are paid by the taxpayers themselves during the tax year. Examples include professional development course fees; books; supplies; computer equipment, software and services; and other equipment used in the classroom. For details from the IRS: https://bit.ly/2xmJ0uM
