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Tuition Reimbursement - Taxable
My employer paid me $2040 in TAXABLE tuition reimbursement in April 2024 (for classes taken 01/03/24 - 03/06/24) , and then another $2040 in July 2024 (for classes taken 04/01/24 - 06/30/24). I have another request for reimbursement for $8000 for classes taken 07/01/24 - 09/29/24.
My understanding is that the maximum taxable reimbursement I can receive per CALENDAR year is $4750. Given I've already received $4080 this year, does that mean they can only reimburse me $670 for this last part of my reimbursement, or should they be paying me the full $8000 that I submitted for?
Topics:
‎October 11, 2024
3:52 PM