(taken from the NEA Insider; thanks, Kara!)
Lawmakers on the Hill want to see educators recoup more of the money they spend “out-of-pocket” for classroom expenses. Several of them—including Representatives Dina Titus (D-NV) and Suzanne Kosmas (D-FL)—are sponsoring legislation that would make positive changes to the educator tax deduction.
Currently, K-12 teachers can deduct up to $250 on their taxes for out-of-pocket classroom expenses. Both Titus and Kosmas have introduced bills that would double the deduction amount and make it a permanent part of the federal tax code. Representative Judy Biggert (R-IL) has also introduced legislation to double the deduction.
Meanwhile, Representative Larry Kissell (D-NC) has introduced a bill that would extend the deduction in its current form through 2011, while Representative Zach Space (D-OH) has introduced legislation to make the deduction permanent.
Currently, K-12 teachers can deduct up to $250 on their taxes for out-of-pocket classroom expenses. Both Titus and Kosmas have introduced bills that would double the deduction amount and make it a permanent part of the federal tax code. Representative Judy Biggert (R-IL) has also introduced legislation to double the deduction.
Meanwhile, Representative Larry Kissell (D-NC) has introduced a bill that would extend the deduction in its current form through 2011, while Representative Zach Space (D-OH) has introduced legislation to make the deduction permanent.
According to the National School Supply and Equipment Association, educators’ out-of-pocket expenses for the 2005-2006 school year, on average, totaled nearly $2,000.
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