9 Ways to Get Huge Tax Credits
9) Log Teaching and Classroom Expenses
It is a common known fact that pre-school, elementary, middle school, and high school teachers are often underpaid and overworked. Education professionals are in luck when it comes to the intellectual well being of their students. Qualified teachers up to the 12th grade level who work 900 or more hours are eligible for a deduction of up to $250 for paid classroom expenses that are out of pocket and not reimbursed by the school district. Supplies used to enhance lesson plans and daily learning opportunities may be accounted for, ranging from art project materials to essential computer software. Teachers are encouraged to request monetary disbursement or additional classroom enhancements throughout the regular school year however those who have requests that fail to be honored by the school board may be logged for the appropriate year’s tax return.