Tax Tips (Fed) – Page 471 – Cormier And Rea Tax and Financial Services

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Tax Information for Teachers

July 4, 2012August 19, 2005 by Lenny Tax Tips (Fed)

IRS Reminds Teachers to Save Receipts Under current law (which is scheduled to expire at the end of 2005), educators may subtract from AGI up to $250 of qualified expenses. The deduction is available to eligible educators. Who is an eligible educator, you may ask. An eligible educator is someone who works at least 900 …

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