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UPDATED FOR TAX YEAR 2019
No - not unless they paid more than $5,250
If your employer pays more than $5,250 for educational benefits for you during the year, you must generally pay tax on the amount over $5,250. Your employer should include in your wages (Form W-2, box 1) the amount that you must include in income.
[Edited | 4/13/2020 | 10:28 am PDT]
UPDATED FOR TAX YEAR 2019
No - not unless they paid more than $5,250
If your employer pays more than $5,250 for educational benefits for you during the year, you must generally pay tax on the amount over $5,250. Your employer should include in your wages (Form W-2, box 1) the amount that you must include in income.
[Edited | 4/13/2020 | 10:28 am PDT]
Thank you! In Turbo Tax, when I add it as the benefit either under "other scholarships" or "employer provided assistance", the program treats it as taxable. I guess I will just omit it. i
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