Hi, one more question. So, in the past year, my employer reported my tuition reimbursement as income. Let's say total tuition amount paid that year was $20 000. Employee assistance program lowered that to about $15 000, so the amount added to my W2 income was $15 000.
Now, this year let's say the total tuition was $10 000 and that was paid by the scholarship/grant money by the institution. The employer did not report anything as income nor they reimbursed anything. 1098-T shows total amount in box 1 of let's say $15 000 but the total amount paid was $10 000. I called them and clarified that the $5000 was billed in Dec 2023 but it counts toward Spring 2024 so it's being reported for 2024 tax year. However that same $5000 from last year was taken into account last year when my employer reimbursed me and it was added to my taxable income last year.
What should I do with that same $5000 this year? Do I just change the amount paid on my 1098-T to $10 000 and don't claim any credits as I didn't pay for anything out of the pocket? Thank you.
