Educator Expenses Deduction
What is an Educator Expenses Deduction?
How Does an Educator Expenses Deduction Work?
In order to qualify for the educator expenses deduction, a person must have worked at least 900 hours in an elementary or secondary school during a given school. Accordingly, teachers aren't the only people entitled to the ; counselors, principals and other staff members may qualify. College educators do not qualify.
Why Does an Educator Expenses Deduction Matter?
The educator expenses deduction is intended to be a Coverdell Education Savings Account, the teacher may only be able to deduct the amount of educator expenses that exceed the amount of those distributions.
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