SChen_0524
Returning Member

Education

Hi, 

 

I am in a similar situation, and I am unsure how to accurately report it. 

 

I took graduate classes in 2024 (spring, summer, and fall) totaling 20,000 as shown on the 1098-T.  $5,250 was reimbursed by my employer for the 2024 calendar year but the fall classes (ending in December 2024) was reimbursed by my employer for in the 2025 calendar year. When applying for the Lifelong education credits, would subtract the total amount reimbursed by my employer for both 2024 and 2025? or should I subtract the amount paid for fall classes and apply it to next year's taxes along with the 2025 reimbursement?