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Technical

Schoolteachers’ deduction no longer tardy Logo aicpa

  John W. McKinley, CPA, CGMA, J.D., LL.M., and D... |   Free |   AICPA |   01 Jul 2016 |   Journal of Accountancy

This article discusses the above-the-line deduction for certain classroom expenses of elementary and secondary schoolteachers, including qualified expenses, eligible educators, and calculating the deduction.

Topics covered:
  • Tax: Technical: Individual income taxation : Deductions, Foundational

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