Classroom supplies may look a bit different this year, thanks to the pandemic. Teachers may count expenses for buying personal protective equipment PPE for the classroom—masks, sanitizer, Plexiglass, etc. The Tax Cuts and Jobs Act eliminated that deduction. However, there are a few states that do still allow it if itemized expenses are higher than the standard deduction: Alabama, Arkansas, California, Hawaii, Minnesota, New York and Pennsylvania.
Charitable Donations Deduction. This is not limited to educators, but like the educator expense deduction, it enables you to reduce your AGI. Tax credits for the self-employed. Self-employed individuals—such as a self-employed tutor—may be eligible for qualified sick leave and family leave refundable tax credits if COVID-related quarantine or illness kept them from working or teleworking, or school closings and lack of child care required them to take care of children.
Those eligible for economic impact payments also known as stimulus checks , but who did not receive all or part of them, may claim the Recovery Rebate Credit. The Recovery Rebate Credit for both rounds can be claimed on your tax return even though many of the payments were made in early State Sales Tax Deduction.
However, you must itemize in order to claim these deductions. If there is no additional withholding on this outside work, you want to be sure to avoid a penalty for under-withholding—i. If you regularly have extra income, consider specifying a certain additional amount on your W-4 to be withheld. What is DocuClix? Security About eFile. Where Is My Refund? How to Check Refund Status efile. Mailing Addresses Contact eFile.
Sign In Start Now. You'll Be Fine! Join Taxesfaction! More eFiler Reviews. More In Help. Qualified expenses are deductible only to the extent the amount of such expenses exceed the following amounts for the tax year: The interest on series EE and I U.
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