Q. When applying for the Lifelong education credits, would subtract the total amount reimbursed by my employer for both 2024 and 2025?
A. Yes. Although mismatched years are a problem for some other education tax benefits, you are allowed to do it that way for employer reimbursement. Note: any additional employer reimbursement you get in 2025 will be taxable. That 2025 payment, although for 2024 tuition, counts as you 2025 tax free benefit.
Q. Or should I subtract the amount paid for fall classes and apply it to next year's taxes along with the 2025 reimbursement?
A. No. Your not allowed to claim 2024 tuition on your 2025 tax return. Furthermore, taxwise, your reimbursement must be matched to the tuition your employer tagged it for.
