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ray5u
New Member

Am I required to itemize deductions to take advantage of my employer's IRC Sec. 127 Educational Assistance Program?

 
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5 Replies

Am I required to itemize deductions to take advantage of my employer's IRC Sec. 127 Educational Assistance Program?

No. You can take the standard deduction. 

ramy12
New Member

Am I required to itemize deductions to take advantage of my employer's IRC Sec. 127 Educational Assistance Program?

Thank you. So I can take the standard deduction and receive up to $5250 from my employer tax free toward qualifying educational expenses? 

Am I required to itemize deductions to take advantage of my employer's IRC Sec. 127 Educational Assistance Program?

Yes ... one has NOTHING to do with the other.  

Am I required to itemize deductions to take advantage of my employer's IRC Sec. 127 Educational Assistance Program?

Yes. One thing has nothing to do with the other. 

ramy12
New Member

Am I required to itemize deductions to take advantage of my employer's IRC Sec. 127 Educational Assistance Program?

Thank you.

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