Filing taxes for my brother. He paid $1100 in Tuition fees that his employer reimbursed under the Tuition Reimbursement program. Wasn%26#039;t sure if he was able to claim that for a tax credit.
Can I receive I tax credit for tuition that was reimbursed by my employer?
I would think not, but you need to know if this tuition reimbursement was included as part of his salary on his W-2. Or was considered income.
If you claim that credit for him, and the company shows that included in his income, then the IRS might notice he double dipped. You don%26#039;t want your brother to go to jail for $1,100.
The IRS website says: Your employer may report the educational assistance payments on your Form W-2 (PDF) in the appropriate box under %26quot;other%26quot;. Taxable reimbursements will be reported by your employer as income to you in the appropriate box of Form W閳?.
http://www.irs.gov/taxtopics/tc513.html
Can I receive I tax credit for tuition that was reimbursed by my employer?
No.
Can I receive I tax credit for tuition that was reimbursed by my employer?
NO - since it was reimbursed, technically it wasn%26#039;t an expense.
Can I receive I tax credit for tuition that was reimbursed by my employer?
Only if he claims the $1100 dollars as income first.
Your brother already received a tax free benefit, be grateful for that.
Can I receive I tax credit for tuition that was reimbursed by my employer?
Just be glad you don%26#039;t have to pay tax on it as income! Keep the liberals out of office or that%26#039;s what you%26#039;ll wind up doing.
Can I receive I tax credit for tuition that was reimbursed by my employer?
Nope. You only get the tuition credit if you paid the tuition and were not reimbursed for it.
By the way, the employer%26#039;s tuition reimbursement is considered taxable income.
Can I receive I tax credit for tuition that was reimbursed by my employer?
No, you can%26#039;t double dip.
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