IRS Reminder for Educators: $300 Classroom Expense Deduction Available for 2024

As the new school year approaches, the IRS is reminding educators that they can still claim up to $300 in deductions for classroom expenses in 2024. This deduction is designed to help offset the costs of supplies, materials, and other essentials that teachers often purchase out of their own pockets to enhance their students’ learning experience.

The $300 limit remains unchanged from 2023, continuing the inflation adjustment that was introduced in 2022, when the cap was raised from $250.

This deduction is available to teachers, instructors, counselors, principals, and aides who work at least 900 hours in a school year at an institution providing elementary or secondary education. If both spouses are eligible and filing jointly, they can claim up to $600, but no more than $300 per person. Importantly, this deduction can be claimed even by those who take the standard deduction, and it applies to educators in both public and private schools.

Educators can deduct out-of-pocket expenses for classroom necessities such as books, supplies, equipment (including computers and software), and COVID-19 safety measures like masks, disinfectants, and air purifiers. Professional development courses related to teaching are also deductible, although it may be more beneficial to use other education-related tax benefits, such as the lifetime learning credit (see Publication 970, Tax Benefits for Education, Chapter 3).

Expenses related to homeschooling or nonathletic supplies for health or physical education are not eligible. The IRS recommends keeping detailed records, including receipts and canceled checks, to support your deductions.

For those who have received a tax filing extension, or qualify for a disaster extension and are still working on their 2023 tax returns, the rules for claiming these deductions remain the same for the 2024 tax year. The deadline for filing with an extension is October 15, 2024, but filing earlier can help avoid delays in processing.

The IRS encourages taxpayers to file electronically for a smoother experience, whether through tax software or with the help of a professional. Opting for direct deposit can also speed up the refund process. For more information, check out the IRS’ E-file options.

If you owe taxes, consider using IRS Direct Pay or other electronic payment methods available on the IRS’ Make a Payment page for added convenience.