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Employee Tuition Remission - is it "Tax Free" employer provided assistance for 2021?
Hello,
I started working at my University for graduate program's employee tuition remission in 2019.
Since then, I definitely received more than $5250 (tax free amount) in 2020 so the tuition remission I received for 2021 is all taxable income.
Since it's taxable income (I received total of $8,597.50 in taxable fringe benefits and added to my income in W2 I believe), would I say "NO" to the question to "did you receive any of the following tax-free benefits last year?" or still say Yes to that?
Topics:
‎April 16, 2022
4:50 PM