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Saturday
Feb192011

Tax Tip: Uncle Sam Brings Tax-Deduction Apple For Teachers

Photo Courtesy - Getty Images(NEW YORK) -- With school districts around the country continuing to cut expenses, teachers in many areas are being forced more now than ever to fill some of the gaps. A number of teachers often find themselves shelling out their own money to purchase classroom books, computer equipment and other supplies.

Kathy Pickering with H&R Block says educators can take a tax deduction on some of those expenses.

“That's $250 for teachers who are using out-of-pocket money to purchase classroom supplies,” she said.

And you can take advantage of the deduction no matter what tax form you use.

“They can claim a deduction on the front of their return, so this is a deduction you can get even if you don't itemize your deductions,” said Eric Smith with the IRS.

Just make sure to keep all of your receipts.

The deduction is available to all teachers, principals and counselors from kindergarten to the 12th grade.  If both spouses are teachers, you can deduct $500 for the household.

The deduction does not apply to parents who home-school their children.

Copyright 2011 ABC News Radio







ABC News Radio