Back-to-School Savings: Don’t Miss Out on Valuable Tax Credits
As the school year kicks off, families and teachers across Illinois are reminded that help is available at tax time. State tax credits can make school expenses a little easier on your budget—whether you’re a parent stocking up on supplies or a teacher investing in your students.
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For Parents and Guardians
The K-12 Education Expense Credit gives parents and legal guardians of full-time students (under 21) a break on qualified education costs.
✅ You can claim 25% of eligible expenses over $250, up to a maximum of $750 per household.
✅ Eligible expenses include:
• Tuition
• Book rentals
• Lab fees paid to school
✅ Home-school families may also qualify for book rental and lab fees tied to an approved curriculum.
📊 Last year, nearly 200,000 Illinois families claimed this credit, saving over $64 million—with the average family receiving $324 back.
For Educators
Teachers and school staff often spend their own money to support students. The Instructional Materials and Supplies Credit helps cover those costs.
✅ Eligible educators (teachers, aides, counselors, principals) who work at least 900 hours in a full-time K-12 school can claim up to $500 in tax credits for classroom supplies.
✅ Married couples who are both educators and file jointly may claim up to $1,000.
📊 In 2024, more than 81,900 educators used this credit, saving over $35 million.
Don’t Forget
💾 Save your receipts! You’ll need them when it’s time to file your 2025 state taxes.
📖 For full details, visit tax.illinois.gov and check out IDOR Publication 112.
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