How Much Can Educators Deduct For Supplies For 2022?

For the first time in 20 years(!), the allowable deduction for out-of-pocket classroom supplies has increased, from $250 to $300. If you are a grades K-12 counselor, teacher, aide, instructor, or principal in a public or private school for at least 900 hours during the school year, you are eligible to deduct up to $300 […]

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