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Level 1
posted Jun 4, 2019 12:03:52 PM

I work for a college and receive tuition remission. Do I need to report my tax free remission as Tax-free employer provided assistance?

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1 Replies
Level 15
Jun 4, 2019 12:03:53 PM

No. You do not need to report that anywhere on your tax return.

However, you cannot count any tuition, that was waived, for the tuition/education credits.

If the tuition waiver was reported in box 5 of the 1098-T, then Turbotax will balance it out with the tuition in box 2.