Educator Expense Deduction

The IRS wants to help educators. As a result they have given a special tax deduction to them. In this TaxAssurances YouTube video I walk viewers through who qualifies for the deduction and for how much.

Also, here’s a helpful IRS website that goes into further detail on how educators can deduct their out of pocket professional expenses on their tax return. https://www.irs.gov/taxtopics/tc458  

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Author: TaxAssurances, LLC

Chex Balances is the blogsite of TaxAssurances, LLC, an independent financial services firm that provides expert advice and solutions in Accounting and Insurance. The site provides insightful and useful information around the reader's financial life. Information that helps them understand and navigate the financial details of everyday living.

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