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I work for a college and receive tuition remission. Do I need to report my tax free remission as Tax-free employer provided assistance?
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June 4, 2019
12:03 PM
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Education
No. You do not need to report that anywhere on your tax return.
However, you cannot count any tuition, that was waived, for the tuition/education credits.
If the tuition waiver was reported in box 5 of the 1098-T, then Turbotax will balance it out with the tuition in box 2.
June 4, 2019
12:03 PM
1,327 Views