Can You Deduct Classroom Expenses? What South Carolina Teachers Need To Know

In this article, you can discover…

• Whether your classroom expenses are deductible under current tax laws.
• What records you should keep in case of a tax audit.
• Whether school supplies and home office supplies can both be deducted.

What Classroom Expenses Are Deductible Under Current IRS Rules?

For federal taxes, you can deduct unreimbursed expenses up to $300 per year, for things such as books, classroom supplies, and so on. In South Carolina, you can receive an income credit for up to $400 for your classroom expenses.

What Records Should I Keep In Case Of An Audit?

You should keep good, detailed records showing when each school supply item was purchased, for what reason, and to show that the item was actually used in the classroom. These records can also be extremely helpful for the purpose of tax deductions.

What If My School Reimburses Me Partially?

If the school reimburses you for supplies, you cannot receive a deduction or credit for that amount. You can only receive the deduction or credit for unreimbursed expenses.

What Happens When Classroom Items Overlap With Home Office Supplies?

You are only allowed one deduction per item. You cannot double-dip, so to speak. If some items have been used in both places, you can only claim one deduction (classroom or home office) for each item.

Still Have Questions? Ready To Get Started?

For more information on tax deductions for South Carolina teachers, an initial consultation is your next best step.

Get the information and legal answers you are seeking by calling (864) 271-7940 today.