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Sunday, January 5, 2014

Federal Income Tax Tips for Teachers

As tax time approaches, I know all of us are thinking of refunds. As teachers, we spend a large part of the money we make on supplies. So, this year get some of your money back by filing those things that you spent money on during the school year. Are you wondering just what you can write off? Here are a few:
1. book you bought for your classroom
2. any supplies you bought for your classroom like paper, pens, computer ink, typing paper
3. gas mileage for your drive to work
4. your clothes or uniform that you bought to wear to work
5. any professional magazines or subscriptions that you have
6. professional development workshops
7. professional memberships like National Teachers of America, Mississippi Association of Educators
*8. your phone if you used it to call parents, do school business, or connect to the internet to find lesson plans.
*9. your computer if you used it to do lesson plans or other school related activities.

***Please note that to write off your phone or computer you need to have kept a log of your school related activities. If you didn't keep up with your computer activity, you can still retrieve it from your computers history. This should tell you which dates your were on school related websites. Can you prove you used your phone to contact parents. Fortunately, I can because I have to keep a parent log that lists the date of parental contact. This keeps up with which parents I called. If you didn't keep a good log last year, you can this year.

*** Be sure to check with your tax preparer.

You can find more information at:
http://www.ehow.com/list_6819304_common-tax-deductions-teachers.html

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