Tax Credits Possible on Certain School Supplies

Tax Credits Possible on Certain School Supplies

(IOCI RADIO) – Save those receipts, you may be able to claim certain school supply expenses on your tax return.

There are two types of tax credits available, Illinois Department of Revenue Spokesperson Maura Kownacki said. The first is for families with students in kindergarten through 12th grade.

Teachers can take advantage of the instruction materials and supply tax credit, worth up to $250. Next year, that credit will increase to a maximum of $500.