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schied23
New Member

If my employer reimburses me for college tuition up to $5250 a year, can I still claim a education tax credit?

 
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2 Replies
MaryK4
Expert Alumni

If my employer reimburses me for college tuition up to $5250 a year, can I still claim a education tax credit?

No, because your employer can provide $5250 in college tuition to you tax free, you cannot use the same expenses for the college tax credits.  (This is what "they" mean by double dip")

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Hal_Al
Level 15

If my employer reimburses me for college tuition up to $5250 a year, can I still claim a education tax credit?

By law your employer can only give you $5250 maximum, tax free. If your tuition was less than that, and you employer reimbursed it all; you cannot claim an education credit. You do not even need to enter your 1098-T. You have nothing to claim.

 If you got more than $5250, the amount above $5250 is usually already included in box 1 of  your w-2 as taxable income.  Since you have essentially paid tax on that part, it  is considered your after tax money and that amount can be used  to claim the tuition credit.

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