Updated: Apr 14, 2020
Teachers can deduct
for unreimbursed expenses for classroom supplies or school materials from their taxable income.
Electric car owners who bought a vehicle after 2010 may be given a tax credit of
, depending on the battery capacity.
Adoptive parents are allowed a tax credit and employer-provided benefits up to
per eligible child in 2017.
Student Loan Interest Deduction
Student loan borrowers may deduct up to
on the interest paid for student loans every year.