§ 26-51-459 — Teacher's classroom investment deduction - Definitions

(a) As used in this section: (1) "Qualified classroom investment expense" means the amount expended by a teacher during the tax year for materials used in the classroom, including without limitation the following: (A) Books; (B) School supplies; (C) Computer equipment and software; (D) Athletic equipment; (E) Food for the teacher's students; and (F) Clothing for the teacher's students; and (2) "Teacher" means a teacher, instructor, counselor, principal, or aide for students in any grade from prekindergarten through grade twelve (preK-12) who is employed for at least nine hundred (900) hours in a tax year at a school certified by the state to provide public preschool, elementary, or secondary education. (b) In computing net income for the purposes of this chapter, there is allowed as a deduction in addition to all other deductions allowed by law for the qualified classroom investment expenses incurred by a taxpayer. (c) The deduction allowed under subsection (b) of this section shall not exceed five hundred dollars ($500) per taxpayer or one thousand dollars ($1,000) for taxpayers who are married filing jointly if each taxpayer is a teacher. (d) The Secretary of the Department of Finance and Administration shall promulgate rules to implement this section, including without limitation a form for a taxpayer to use in claiming the deduction provided for under this section. (e) A taxpayer claiming a deduction under this section shall: (1) Maintain receipts for his or her qualified classroom investment expenses; and (2) Itemize the qualified classroom investment expenses on the form provided by the Department of Finance and Administration.

Legislative History

Amended by Act 2021, No. 971,§ 1, eff. for tax years beginning on or after January 1, 2021. Amended by Act 2019, No. 910,§ 3722, eff. 7/1/2019. Added by Act 2017, No. 666,§ 1, eff. for tax years beginning on and after 1/1/2017.