Business, Legal & Accounting Glossary
A tax deduction availed of a teacher who paid for classroom supplies and equipment out of their own pocket. Any teacher, instructor, counselor or principal with at least 900 working hours in a school year may avail of a maximum of $250 tax deduction. This deduction only applies to grade school and high school educators.
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This glossary post was last updated: 20th November, 2021 | 0 Views.