askzs247
New Member

Taxes on EMBA Sponsorship

My company pays for my EMBA tuition directly to the business school, but doesn’t deduct taxes or include it in my W2. My university sent me a letter capturing the tuition payments for the year. Will I need to declare the tuition payments that my company made as part of my filing and pay appropriate taxes, based on the university letter? Can it be claimed as a deduction?