As School Year Begins, King Introduces Bill to Expand Tax Deductions for School Supplies Purchased Out-of-Pocket
September 12, 2023
September 12, 2023
WASHINGTON, Sept. 12 -- Sen. Angus S. King Jr., I-Maine, issued the following news release:
WASHINGTON, D.C.-- U.S. Senator Angus King has introduced a bill to expand tax deductions for teachers that pay out-of-pocket for school supplies. The Educators Expense Deduction Modernization Act of 2023 would more than triple the amount educators can deduct from their taxes for out-of-pocket classroom expenses - from notebooks to pencils to paper products. The current deduction for teachers . . .
WASHINGTON, D.C.-- U.S. Senator Angus King has introduced a bill to expand tax deductions for teachers that pay out-of-pocket for school supplies. The Educators Expense Deduction Modernization Act of 2023 would more than triple the amount educators can deduct from their taxes for out-of-pocket classroom expenses - from notebooks to pencils to paper products. The current deduction for teachers . . .