Educator Expense Deduction

Do you qualify for an educator expense deduction? First you need to determine if you are considered an educator by the IRS. To do so you need to have a minimum of 900 hours for the tax year you are filing as kindergarten through grade 12 teacher, instructor, counselor, principal or aide. If you can pass that test you may be eligible to deduct up to $300 of qualified expenses from your 2022 income. Qualified expenses per the IRS guidance is

·       Books and classroom supplies.

·       Technology and computer software used in the classroom during the process of teaching students.