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Deductions & credits
To claim the $250 Educator expense deduction, you must teach kindergarten-12th grade.
However, you may be able to claim your expenditure as an employee business expense..
To deduct employee business expenses, you must have enough itemized deductions (ie. Medical, mortgage interest, property taxes, charitable giving, ect) to exceed your Standard Deduction. If you itemize, your deduction is limited to the extent that it exceeds 2% of your Adjusted Gross Income.
So, you may not gain a tax benefit from this deduction.
To report employee business expenses in TurboTax:
- Click My Account (Top right of your screen).
- Select Tools.
- In the pop up window, select Topic Search.
- In the search bar, type in 2106
Highlight it and select GO, and follow the prompts.
See What is the Educator Expense deduction?
https://ttlc.intuit.com/questions/1900100-what-is-the-educator-expense-deduction
‎June 5, 2019
12:03 PM