Everyday Tax Tips

Educator Expenses

by | Mar 10, 2016

Many educators are aware of the deduction they can take on the front of their tax return for out-of-pocket expenses that aren’t reimbursed by the institution they teach for. However, hardly any educators are aware that expenses exceeding the $250 limitation may be itemized and deducted elsewhere on the tax return. Talk to your tax professional about what expenses qualify. Don’t have a tax professional? Ask Ms. Tax!