LIBERTY TAX OF BOTH CASPER/ RIVERTON IS OFFERING FREE TAX PREPARATION SERVICE TO TEACHERS WHO ARE NEW CUSTOMERS MARCH 10TH - MARCH 15TH! TAX TIP for Teachers: The American Taxpayer Relief Act of 2012 extended the teacher’s classroom expense deduction through 2013. The deduction, which was scheduled to expire after 2011, allows eligible educators who spend their own money on classroom supplies to deduct (above-the-line) qualified expenses up to $250 paid out-of-pocket during the year. Eligible educators are considered as kindergarten through grade 12 teachers, instructors, counselors, principals or aides who work at least 900 hours in either a public or private school. The adjustment for these expenses can be claimed whether or not the taxpayer can itemize.
Posted on: Wed, 05 Mar 2014 00:29:01 +0000
Trending Topics
Recently Viewed Topics
© 2015