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Teacher Appreciation Day: Teacher Tax Tip

As a reminder Tuesday May 7, 2019 is National Teacher Appreciation Day.

It will be a few years until my son goes to kindergarten but I encourage parents with children in school, to show some appreciation to teachers.

Congress provided some teacher appreciation through a special tax deduction.

If you're an eligible educator, you can deduct up to $250 ($500 if married filing jointly and both spouses are eligible educators, but not more than $250 each) of unreimbursed business expenses.

Qualified expenses are amounts you paid or incurred for participation in professional development courses, books, supplies, computer equipment (including related software and services), other equipment, and supplementary materials that you use in the classroom. For courses in health or physical education, the expenses for supplies must be for athletic supplies.

You can claim the deduction even if you do not itemize deductions.

You're an eligible educator if, for the tax year you're a kindergarten through grade 12 teacher, instructor, counselor, principal or aide for at least 900 hours a school year in a school that provides elementary or secondary education as determined under state law.