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Teachers Spent $3.24 bn of Their Own Money on Classrooms in '23 (Local Data Available)
Teachers Spent $3.24 bn of Their Own Money on Classrooms in '23 (Local Data Available)
- The typical teacher spent an average of $853.90 out of pocket on school supplies in 2023 — the largest amount ever
- In all, teachers across the US spent an estimated $3.24 billion on essential items to help their students succeed, like pencils, paper, cleaning supplies, books, software, and other materials.
- The educator expense deduction was enacted just over 20 years ago in 2002, giving teachers the ability to deduct up to $250 of out-of-pocket classroom expenses when filing their federal tax returns.
- For the 2023 tax year being filed now, the maximum deduction has only increased ever so slightly to just $300.
- If the maximum educator expense education had kept pace with inflation since its passing in 2002, teachers would be able to deduct over $425 in expenses, but that’s not the case.
- Overall teachers spent $3.24 bn of their own money on their classrooms in 2023
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