Illinois Teachers Who Buy School Supplies Will Now Get Tax Credit
October 20, 2017 - School Supplies
SPRINGFIELD, IL — A new $250 taxation credit will equivalent costs for Illinois teachers who have been profitable out of slot to make certain their classrooms have a propagandize reserve they need. The new credit is accessible to Illinois open propagandize teachers, teachers’ aides and principals who work during slightest 900 hours during a propagandize year.
The $250 credit comes in further to a $250 sovereign taxation reduction for teachers who have unreimbursed business expenses.
That total $500 lines adult with how many many teachers contend they spent on propagandize reserve in new years. The Education Market Association pronounced many teachers reported spending scarcely $500 on classroom reserve in 2015, according to Money Magazine. One in 10 educators pronounced they spent $1,000 or more, and a organisation estimates that $1.6 billion in propagandize supply costs is shifted from relatives and in some cases financially strapped districts onto teachers any year.
State Sen. Tom Cullerton (D-Villa Park) urged internal teachers to take advantage of a credit. (For some-more information on this and other area stories, allow to Patch to accept daily newsletters and violation news alerts.)
“Educating a children is a eminent profession,” Cullerton pronounced in a statement. “Our state should offer as a partner and respect a investments a educators have done in a destiny of Illinois. This taxation credit will assistance relieve a weight for teachers who work forever to safeguard a children accept a best preparation possible.”
Image around Shutterstock