![]() ![]() The bill defines an "eligible educator" as an individual who, for any taxable year, is a kindergarten through grade 12 teacher, instructor, counselor, principal, or aide in a public or private school located in this State for at least 900 hours during a school year. This New Jersey gross income tax deduction is modeled on the federal income tax deduction for educator expenses allowed under section 62 of the federal Internal Revenue Code (26 U.S.C. This bill provides a gross income tax deduction to an eligible educator working in a New Jersey elementary or secondary school for certain expenses incurred by the educator for classroom supplies. If you’re ready to file your taxes or need help preparing them, sign-up for our IOOGO Tax DIY software or IOOGO Tax Pro. To file for the educator expense tax deduction, even if you are not claiming the full $250, you will need to fill out Form 1040, Form 1040-SR, or Form 1040-NR (attach Schedule 1 (Form 1040) PDF ). How do I file for the educator expense tax deduction? As a reminder, it’s important to keep your receipts in case you ever get audited. Your teaching expenses will need to exceed the amount of interest earned and claimed. The same goes for any interest earned on Series EE or from U.S savings bonds that you have deducted from your taxable income. If you are filing for the educator expense tax deduction and you used funding from your Coverdell education savings accounts or a state tuition program to cover professional development fees or other supplies, these items cannot be included as a part of the tax deduction.
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