SChen_0524
Returning Member

Education

Hi, 


Thank you for your prompt response!

 

Just to confirm I am understanding correctly, I would include the tuition reimbursement I received from my employer for the 2024 and 2025 year as it is for classes in 2024? For example, I received $5,250 for 2024 and $4,000 for 2025, I can report $10,750 ($20,000 - $9,250) for the Lifelong learning credits? 

 

Additionally, the $1,250 remaining for 2025 will be used in next year's taxes/lifelong learning credits since I will continue taking graduate classes? 

 

Thank you