Harry and Carrie Franklin are married and choose to file Married Filing Jointly on their 2020 tax return. Harry and Carrie have one son Billy and a newborn baby Cristina born in 2020. Carrie was a kindergarten teacher at a private school through May and decided not to return after the birth of her child. Carrie worked a total of 800 hours in 2020 (January - May). She spent $375 on unreimbursed classroom expenses while she was employed. In order to work, the Franklins paid child care expenses of $1,500 through May for Billy. They also paid $750 in child care expenses for Cristina while Carrie volunteered in Billy’s class in November. How much are Harry and Carrie able to deduct for educator expenses in any?
Harry and Carrie Franklin are married and choose to file Married Filing Jointly on their 2020 tax return. Harry and Carrie have one son Billy and a newborn baby Cristina born in 2020. Carrie was a kindergarten teacher at a private school through May and decided not to return after the birth of her child. Carrie worked a total of 800 hours in 2020 (January - May). She spent $375 on unreimbursed classroom expenses while she was employed. In order to work, the Franklins paid child care expenses of $1,500 through May for Billy. They also paid $750 in child care expenses for Cristina while Carrie volunteered in Billy’s class in November.
How much are Harry and Carrie able to deduct for educator expenses in any?
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