Let’s admit it: Planning for taxes is not the most fun activity. There are likely…
Eligible teachers can write off their expenses for coronavirus protective items that will help stop the spread of COVID-19. The IRS has just issued guidance under which teachers can deduct unreimbursed expenses for protective items thanks to the COVID-Related Tax Relief Act that was passed in December.
Personal Protective Equipment (PPE)
Personal Protective Equipment (PPE) and other items used to stop the spread of COVID-19 in the classroom include but are not limited to the following:
- Face Masks
- Hand Soap
- Hand Sanitizer
- Disposable Gloves
- Tape, Paint or Chalk to Guide Social Distancing
- Physical Barriers/Clear Plexiglass
- Air Purifiers
- Other items recommended by the Centers for Disease Control and Prevention (CDC)
Eligible educators are allowed an above the line deduction of $250 towards unreimbursed expenses paid for after March 12, 2020. An eligible educator is anyone who is a K-12th grade teacher, instructor, counselor, principal, or aide in a school for at least 900 hours during a school year. The maximum deduction is $500 for a married couple filing jointly if both spouses are eligible educators. It is limited to $250 each. Other expenses that were already deductible like books, supplies, and other classroom materials count towards the $250.
Insights delivered right to your inbox | Sign up
WE’RE HERE TO HELP
Are you an eligible educator? Call or email us at (410) 823-5442 or [email protected].
For disclaimer, please follow our link below: