Recommended by IRS
About Publication 970, Tax Benefits for EducationPublication 970 explains tax benefits that may be available to you if you are saving for or paying education costs for yourself or, in many cases, another student who is a member of your immediate family.
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IRS reminder: Employer educational assistance programs can still be used to help pay off workers’ student loans through Dec. 31, 2025
IR-2024-227, Aug. 28, 2024 — The Internal Revenue Service today issued a reminder that employers who offer educational assistance programs can also use them to help pay for their employees’ student loan obligations through Dec. 31, 2025.
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IRS reminder for schoolteachers: Up to $300 in classroom expenses deductible for 2024
IR-2024-219, Aug. 21, 2024 — As educators gear up for the new school year, the IRS reminds schoolteachers that the maximum deduction for classroom expenses in 2024 remains at $300.
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New school year reminder to educators; maximum educator expense deduction is $300 in 2023
IR-2023-150, Aug. 17, 2023 — As the new school year begins, the Internal Revenue Service reminds teachers and other educators that they’ll be able to deduct up to $300 of out-of-pocket classroom expenses for 2023 when they file their federal income tax return next year.
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News Media, Individuals, Tax Professionals
Reminder to employers and employees: Educational assistance programs can be used to help pay workers’ student loans; free IRS webinar will offer details
IR-2023-152, Aug. 24, 2023 — With the fall college semester quickly approaching, the Internal Revenue Service today reminded employers and employees that under federal law, employers who have educational assistance programs can use them to help pay student loan obligations for their employees.
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News Media, Tax Professionals, Small Businesses
For the first time, maximum educator expense deduction rises to $300 in 2022; limit $250 for those filing 2021 tax returns
IR-2022-70, March 29, 2022 — The IRS today reminded teachers and other educators planning ahead for 2022 that they’ll be able to deduct up to $300 of out-of-pocket classroom expenses when they file their federal income tax return next year.
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New school year reminder to educators; maximum educator expense deduction rises to $300 in 2022
IR-2022-148, August 10, 2022 — As the new school year begins, the Internal Revenue Service reminds teachers and other educators that they’ll be able to deduct up to $300 of out-of-pocket classroom expenses for 2022 when they file their federal income tax return next year.
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News Media, Individuals, Tax Professionals