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We will introduce a new tax benefit to help teachers and early childhood educators with the cost of school supplies.
Teachers and early childhood educators work hard to provide a positive learning environment for our children, often paying out-of-pocket for classroom supplies. It is a generous gesture that is not currently recognized by our federal tax system.
To help offset these costs, we will introduce a new Teacher and Early Childhood Educator School Supply Tax Benefit. This new benefit will apply to the purchase of up to $1,000 worth of school supplies each year, providing a cash benefit of up to $150 each year for licensed and certified teachers and educators, starting in the 2015 tax year.
Because this benefit will operate as a refundable tax credit, all educators who have purchased educational materials qualify, regardless of their income level.
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