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nbutts11
New Member

My education is being paid by my employer. how do I file for this, or do I not at all?

 
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Accepted Solutions
DianeW
Expert Alumni

My education is being paid by my employer. how do I file for this, or do I not at all?

You do not file it at all.  Information about this employer provided assistance is here for your review.

Employer-Provided Educational Assistance 

  • If you receive educational assistance benefits from your employer under an educational assistance program, you can exclude up to $5,250 of those benefits each year
  1. This means your employer shouldn't include those benefits with your wages, tips, and other compensation shown on your Form W-2, box 1. 
  2. This also means that you don't have to include the benefits on your income tax return. You can't use any of the tax­free education expenses paid for by your employer as the basis for any other deduction or credit, including the American opportunity credit and lifetime learning credit. 

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1 Reply
DianeW
Expert Alumni

My education is being paid by my employer. how do I file for this, or do I not at all?

You do not file it at all.  Information about this employer provided assistance is here for your review.

Employer-Provided Educational Assistance 

  • If you receive educational assistance benefits from your employer under an educational assistance program, you can exclude up to $5,250 of those benefits each year
  1. This means your employer shouldn't include those benefits with your wages, tips, and other compensation shown on your Form W-2, box 1. 
  2. This also means that you don't have to include the benefits on your income tax return. You can't use any of the tax­free education expenses paid for by your employer as the basis for any other deduction or credit, including the American opportunity credit and lifetime learning credit. 

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