Resource Roundup – Teacher Taxes

teacher-taxes

Tax season is here. For many of us we dread sitting down to wade through the paperwork we owe the IRS. (Comment below if you’re someone who actually enjoys taxes. I’d like to give you a virtual high five!) I’m often confused by the wording within tax forms, and even tax software that claims to make my life easier doesn’t always help. What am I allowed to claim? What box am I supposed to put that in? If you check box 5, enter the amount from form 32 into box 14a, and then multiply by the number of dogs you own… it reminds me of my high school math class. (Sorry math teachers!)

Now, I’m clearly no expert on the ins and outs of taxes, and I’m not really in any position to be giving tax advice. However, I am pretty good at searching the internet (if I do say so myself), and I’ve rounded up several resources that I found helpful as I was preparing my own taxes. I hope you find them helpful as well.

A word of warning: Tax legislation can change as often as our students interrupt our lessons. Some of these posts are from past years, and some information may be out of date. Please be sure to double check if you aren’t sure about something, and consult a professional if you need further help.

  1. Tax Hacks РA quick infographic about typical deductions for teachers.
  2. Finance for Teachers– I’ve linked to the whole blog, because I think it has incredibly useful information, but there are several specific posts about taxes.
  3. TurboTax- An in-depth post updated for the current year.
  4. IRS- If you feel like going straight to the source.
  5. IRS Tax Teacher- A cool resource if you teach taxes to students.
  6. Substitute Teachers- Some questions answered for subs.

One other thing I’d like to note, many tax professionals offer discounted services or free consultations to teachers. If you have extremely complicated taxes, or just don’t want to deal with them, it be be worth searching for a professional in your area.

Do you dread taxes, or do you enjoy the challenge? Comment below!