Asked by Emily Lutsock on Apr 28, 2024

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The educator's expense deduction is taken:

A) On Form 2106.
B) On Schedule C.
C) Above the line on the Form 1040.
D) On the educator's expense form.

Form 2106

A tax form used by employees to deduct work-related expenses not reimbursed by their employer when such expenses exceed 2% of their adjusted gross income.

Schedule C

A tax form used by sole proprietors in the United States to report their business income and expenses to the IRS.

Form 1040

The routine IRS document prepared by individuals to declare their income for the tax year on an annual basis.

  • Acquire knowledge of the conditions necessary for claiming educator expense deductions.
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Alyson DiamondApr 29, 2024
Final Answer :
C
Explanation :
The educator's expense deduction is taken above the line on the Form 1040, which means it is subtracted from gross income to arrive at adjusted gross income (AGI). This deduction is available for eligible teachers and other education professionals to offset out-of-pocket expenses for classroom materials and supplies. It is not reported on Form 2106 or Schedule C, and there is no specific form for claiming this deduction.