Teaching Profession

Teachers: Calculate Your Tax-Deductible Expenses

By Vanessa Solis & Elizabeth Heubeck — April 03, 2024 1 min read
Figure with tax deduction paper, banking data, financial report, money revenue, professional accountant manager abstract metaphor.
  • Save to favorites
  • Print

The deadline to file taxes is April 15. Procrastinating teachers may find themselves in a mad dash to search for receipts from 2023 that provide proof of out-of-pocket spending on classroom-related items that count toward the Internal Revenue Service’s educator expense deduction.

The deduction, at $300, seems fairly stingy. And it hasn’t budged since 2022 when, for the first time since its inception 20 years earlier, the lnternal Revenue Service raised it $50—up from $250.

To put that amount in perspective, most teachers report spending their own money on classroom supplies each year, and analyses suggest they spend anywhere from $500 to more than $800 annually on them—more than double the IRS’s educator expense deduction. Further, average annual public school K-12 teacher salaries have actually dropped by more than 6 percent from a decade ago when adjusted for inflation.

As teachers try to do as much (or more) for their students with less, Education Week’s updated annual expense deduction calculator could come in handy this tax season.

See below to calculate out-of-pocket spending on classroom supplies.

Tax-Deductible Supplies Calculator

Related Tags:

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Student Well-Being Webinar
Reframing Behavior: Neuroscience-Based Practices for Positive Support
Reframing Behavior helps teachers see the “why” of behavior through a neuroscience lens and provides practices that fit into a school day.
Content provided by Crisis Prevention Institute
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Mathematics Webinar
Math for All: Strategies for Inclusive Instruction and Student Success
Looking for ways to make math matter for all your students? Gain strategies that help them make the connection as well as the grade.
Content provided by NMSI
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Mathematics Webinar
Equity and Access in Mathematics Education: A Deeper Look
Explore the advantages of access in math education, including engagement, improved learning outcomes, and equity.
Content provided by MIND Education

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Teaching Profession Teachers, Tame the 'Sunday Scaries'
Many teachers feel a real dread of the pending workweek. Here's how to cope.
4 min read
Image of a weekly calendar with a sticky with a stressed face icon.
Laura Baker/Education Week via Canva
Teaching Profession Opinion My Life as a Substitute Teacher in Suburbia: Chaos and Cruelty
I was ignorant of the reality until I started teaching, writes a recent college graduate.
Charrley Hudson
4 min read
3d Render Red & White Megaphone on textured background with an mostly empty speech bubble quietly asking for help.
iStock/Getty images
Teaching Profession The State of Teaching This Is the Surprising Career Stage When Teachers Are Unhappiest
Survey data reveal a slump in teachers' job satisfaction a few years into their careers.
7 min read
Female Asian teacher at her desk marking students' work
iStock/Getty
Teaching Profession Video ‘Teachers Make All Other Professions Possible’: This Educator Shares Her Why
An Arkansas educator offers a message on overcoming the hard days—and focusing on the why.
1 min read