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-   -   Tax on tuition reimbursement (https://www.askmehelpdesk.com/showthread.php?t=224867)

  • Jun 9, 2008, 07:04 AM
    louisfa123
    Tax on tuition reimbursement
    Hi,

    I have been asked to repay the tuition reimbursement I received from my past employer. It is around $8,000.00 and received over a period of 4 years. As I left the employer, I have been asked to repay the loan. So, it is effectively becoming my tuition expenses. Will I be able to claim credit for it when I file federal tax for 2008 next year?

    Thank you
  • Jun 9, 2008, 02:48 PM
    progunr
    I found this link, hope it has what you are looking for, too much information to try to post here for you.

    Federal Tax Benefits for Tuition and Fees
  • Jun 10, 2008, 09:35 AM
    MukatA
    Quote:

    Originally Posted by louisfa123
    Hi,

    I have been asked to repay the tuition reimbursement I received from my past employer. It is around $8,000.00 and received over a period of 4 years. As I left the employer, I have been asked to repay the loan. So, it is effectively becoming my tuition expenses. Will I be able to claim credit for it when I file federal tax for 2008 next year?

    Thank you

    You may not be able to take any education credit or deduction. If tuition reimbursement was reported as income on your W2, then you may be able to deduct the repayment to your employer as other income.

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