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Education
Q. So if I had paid my tuition 2088 out of pocket. later that same year I had been reimbursed from my employer as a misc. reimbursement. Can I still use the loop hole?
A. No. You can only do that if you were reimbursed in a different year.
That answer assumes your are getting tax free reimbursement of under $5250.
If your reimbursement is being treated as taxable income, you don't need a loop hole. After tax money is considered yours and you can claim the credit.
‎February 16, 2022
6:39 PM