The Washington Post – Lyndsey Layton
“Teachers who spend their own money on classroom supplies — most of the nation’s nearly 4 million K-12 teachers — would be eligible for a permanent tax credit of up to $250 annually for unreimbursed expenses, under a bill passed by the House Ways and Means committee on Thursday…Teachers had already been eligible for a $250 tax credit but that provision had expired in January and had not been indexed for inflation. “This tax deduction is timely, permanent, and will go a long way toward making sure educators continue to provide what students need to succeed,” said Lily Eskelsen García, president of the National Education Association…”(more)