For the first time in 20 years, teachers can deduct more for school supplies | WNYC | New York Public Radio, Podcasts, Live Streaming Radio, News

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For the first time in 20 years, teachers can deduct more for school supplies | WNYC | New York Public Radio, Podcasts, Live Streaming Radio, News
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For the first time in 20 years, the IRS is increasing the deduction limit for the amount of money teachers spend on school supplies, the agency has announced.

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For the first time in 20 years, teachers can deduct more for school suppliesFor the first time in 20 years, teachers can deduct more for school suppliesTeachers 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
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For the first time in 20 years, teachers can deduct more for school suppliesFor the first time in 20 years, teachers can deduct more for school suppliesEligible educators include K-12 teachers, principals, teachers' aides or counselors who spend more than 900 hours at the school during the academic year.
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