MonikaK1
Expert Alumni

Get your taxes done using TurboTax

It depends on what type of program you are referring to that USAA is offering.

 

If this is an employer-offered program, tax-free benefits under an educational assistance program are limited to $5,250 per employee per year. Normally, assistance provided above that level is taxable as wages. See this IRS webpage. Also see this IRS FAQ page about educational assistance programs.

 

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