You'll need to sign in or create an account to connect with an expert.
Since employer educational assistance is received tax-free, the reimbursement of your 2016 expenses in early 2017 will not have any impact on your 2017 Form W-2.
That being said, since the amount is known before you filed your 2016 tax return, I would suggest treating the reimbursement as if it had been received in 2016. Accordingly, do not attempt to take any educational tax credit or deduction for the expenses reimbursed by your employer.
Since employer educational assistance is received tax-free, the reimbursement of your 2016 expenses in early 2017 will not have any impact on your 2017 Form W-2.
That being said, since the amount is known before you filed your 2016 tax return, I would suggest treating the reimbursement as if it had been received in 2016. Accordingly, do not attempt to take any educational tax credit or deduction for the expenses reimbursed by your employer.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
dlj56
New Member
thankfulsmith
New Member
chelsea23320
New Member
bgerry
Level 1
mplafleur
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.