75 Tax Deductions For Teachers

Compliments of My403bCoach.com

Below is a categorized list of over 75 tax deductions that are available for teachers; this is just a partial list, there are many more available.  We want to help you get the most out of the deductions that are available.  Call us at (714) 639-3234, email us at info@my403bcoach.com, or Contact Us through our website to find out more, or to set up an appointment.

Professional:

  • Union Dues
  • Licenses & Permits
  • Association / Professional Dues
  • Registration
  • Subscriptions / Publications
  • Fingerprinting
  • Test Fees

Equipment:

  • Badges / Name Tags
  • Attaché / Briefcase
  • Whistle
  • Emblems / Insignia
  • Equipment Repair
  • Dry Cleaning
  • Laundry for PE Clothes / Smocks / Laboratory Coats (Detergent / Softener / Bleach… etc.)

Home Office:

  • Desk
  • Chair
  • Lamp
  • Filing Cabinet / Files
  • Trash Can / Stapler / Supplies
  • Calculator / Clock
  • Shredder
  • Other
  • Tape Recorder / Batteries / Tapes
  • Flashlight / Bulbs / Batteries
  • Maps / Notebooks / Pens
  • Camera / Film / Processing

Computers & Supplies:

  • Computer
  • Monitor
  • Printer
  • Scanner
  • Digital Camera
  • Software
  • Cables
  • Memory
  • Internet
  • Paper
  • Toner
  • Ink

Safety Equipment:

  • Rain Gear
  • Cold Gear
  • Sun Glasses
  • Hats
  • Gloves
  • Tennis Shoes
  • Ear Protection
  • Mace
  • Whistle

Classroom:

  • Supplies/ Books
  • Equipment (TV / VCR / Radio, etc.)
  • Party & Decorating Items
  • Food (** If homemade cost to make such as: Candy, Cakes, Pizza, etc.**)

Educational Travel:

** This is for trips domestic and overseas for Educational Learning such as Spain for dance, art, or history. Washington DC for Political Science or history. South America for science, art, or history, etc. **

  • Airfare
  • Hotel / Motel
  • Transportation (Train, Bus, Taxi, Bike, Auto Rental, etc.)
  • Shuttle to Airport
  • Parking Fees
  • Tips
  • Film
  • Film Processing
  • Entrance Fees
  • Guide Fees

NOTE: If more than one trip was made, list each one separately.

Insurance:

  • Bonds
  • Errors & Omissions
  • Liability

Education:

  • Tuition
  • Books / Supplies
  • Parking Fees / Mileage
  • Seminars / Workshops
  • Transcripts
  • Test Fees
  • Transportation Fees (Taxi / Bus / Plane)
  • Hotel / Motel Fees

Telephone:

  • Cellular Phone (**Must be used 100% for business**)
  • Phone
  • E-mail Address
  • Pager
  • Answering Machine
  • Fax
  • Pay Phone
  • Second Line

Miscellaneous:

  • Business Cards
  • Postage
  • Photocopying
  • Office Supplies
  • Business Gifts (Gifts up to $25 each person)

Mileage:

Vehicle Expenses (for each vehicle)

  • General Information
  • Date vehicle placed in service
  • Total miles vehicle driven during the tax year
  • Total miles used for business (not commuting to and from school).

Note: This includes miles going to meetings, PTA, school functions, fairs, games, awards, plays, concerts, field trips, etc. Going to pick up supplies, equipment, make copies, to other schools, to student’s homes, etc. In other words anything related to the job is deductible.

  • Average daily round-trip commuting distance.
  • Do you (or spouse) have another vehicle available for personal use?
  • Parking and toll fees (this includes parking meters).

Note: Substitute teachers can use the mileage going to and from the different schools. Also keep a day timer to keep track of your round-trip mileage and items you purchase for school. If you go to the same places all the time then you can make an index such as:

ITEM NO.
PLACE
MILES
1
Target
12
2
Art Store
3
3
CVS
7
4
Teachers Store
32
 
In your day timer all you have to do is list the ITEM NO. in place of writing down the PLACE and MILES. This makes it easy. Clients that have kept a log could not believe how much money they spent on items for school and the number of miles they went.
 

A downloadable PDF version of the 75 Tax Deductions for Teachers is also available.


To learn more about our other financial planning services or to schedule an appointment, call us at: (714) 639-3234, email us at info@my403bcoach.com, or Contact Us through our website.