For the first time in 20 years, teachers can deduct more for school supplies

United States News News

For the first time in 20 years, teachers can deduct more for school supplies
United States Latest News,United States Headlines
  • 📰 KUT
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 68%

Teachers will now be able to deduct up to $300 of out-of-pocket classroom expenses in 2022, up from the $250 that has been set since the incentive first started in 2002. | via NPR

Eligible educators who are married to another eligible educator and file a joint tax return can deduct up to $600 in qualifying expenses, but still no more than $300 per spouse. Educators who do standard deductions also qualify.

Copyright 2022 NPR. To see more, visit https://www.npr.org.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

KUT /  🏆 77. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Freddie Mac: Almost 60% of renters saw increase during past 12 monthsFreddie Mac: Almost 60% of renters saw increase during past 12 monthsThe federal home loan giant released new study data, which showed that about 1 in 3 renters saw increases in their monthly rent payments.
Read more »

State eases recommended COVID precautions in K-12 schoolsState eases recommended COVID precautions in K-12 schoolsMassachusetts school districts were told Monday they should focus their COVID-19 mitigation strategies towards vulnerable and symptomatic individuals.
Read more »

12-year-old in minivan finally stopped by spike strip in Fresno County12-year-old in minivan finally stopped by spike strip in Fresno CountyHe had reportedly planned a 200-mile drive from Hanford to Sacramento, where he used to live.
Read more »

Man trapped inside train more than 12 hours had snuck aboard in Eagle Pass, firefighters sayMan trapped inside train more than 12 hours had snuck aboard in Eagle Pass, firefighters sayA man who firefighters believed stowed away on a freight train in Eagle Pass had to be rescued once he arrived in San Antonio. Huge metals coils on top of the tran car trapped him for more than 12 hours, they say.
Read more »

Deputies: 12-year-old boy steals family van, leads officers on wild, high-speed chaseDeputies: 12-year-old boy steals family van, leads officers on wild, high-speed chaseDeputies said the boy was able to top 70 mph and that he ran into stop signs and drove the wrong way on the road.
Read more »

Some Pixel users receive update for Android 12 instead of 13Some Pixel users receive update for Android 12 instead of 13Google accidentally sent some Pixel users an update for the Android 12 build that already runs their phone instead of Android 13.
Read more »



Render Time: 2025-03-15 04:34:16