2015 Tax Information

2015 Income Tax Deduction

$704.00 for full-time. This includes 8 months (January-August) of 14-15 dues ($561.60) and 2 months (November-December) of 15-16 dues ($142.40).

$363.50 for half-time. This includes 8 months (January-August) of 14-15 dues ($290.00) and 2 months (November-December) of 15-16 dues ($73.50).

**Total dues paid for 2015 can be found on your final paycheck stub from December 2015.

2015 Educator Expense Adjustment

 

1.      Educators must file Form 1040 in order to take the deduction for up to $250 of out-of-pocket classroom expenses. It cannot be claimed on Form 1040A.

 

2.      The deduction for educator expenses will be claimed on Form 1040, line 23, "Educator Expenses."  Educator Expenses in excess of the $250.00 can be claimed on the Form 1040, Schedule A Line 21, if the taxpayer can itemize their deductions.