If I got a 1099 MISC because I won a contest that awarded me with a $1000 gift card to buy supplies for my public school classroom, do I need to claim that?
If I got a 1099 MISC because I won a contest that awarded me with a $1000 gift card to buy supplies for my public school classroom, do I need to claim that?
The primary tax break for teachers is the Educator Expense Deduction. To qualify for the Educator Expense Deduction for a given year, you must meet three criteria:
You worked as a teacher, instructor, counselor, principal or aide for students in kindergarten through 12th grade.
You worked at least 900 hours at a school certified by a state to provide elementary or secondary education. This applies to public, private and religious schools.
You spent money on qualified educator expenses.
The first requirement prevents college or other post-secondary teachers from claiming the deduction, while the second means homeschooling parents can't take it. It is in the Deduction and Credits section if you qualify.
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