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My employer didn't reimburse my tuition until after the tax year was over. Should I report this on the 2017 or 2018 taxes?
I am pursuing my master's degree and took classes in the Fall of last year 2017. My employer will pay for my class however I must show that I pass before they reimburse. Because of this, the payment was not received until January to cover my Fall class. Additionally I went ahead and paid for my Spring classes in mid December. As I am filing my return I ran into an issue where I reported my tuition being roughly 8K for both Fall and Spring which I paid in 2017. However, I did not receive the reimbursement for Fall, until January 2018 thus my employer contribution is 0 for 2017. Is this how I should file it? If I don't include reimbursement from my employer, my Lifetime learning Credit is much larger however I am not sure this is the right thing to do. Additionally, if I report my reimbursement on this tax return I will be under reporting my employers help for next year. How should I file this?