pkwhat
Returning Member

Education

Hi,

It looks like my employer already paid my tuition in full (Tuition = 31743) and they also collected after-tax deductions from my paychecks.  I'm struggling on what to do with questions below:

 1)  Do I click on "Received tax-free education assistance from an employer,...".  If I do click on it, then what amount should I enter here?

2)  Do I click on "The aid was already reported as income on a W-2...".  If I do click on it, then what amount should I enter here?

3) Box 5=64743, Box 1=31743

    Is the difference from Box 5 and Box 1 considered additional income?  If yes, how do I report that difference on 1040?

 

Thanks