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I received a 1098-T from school, where I am enrolled as a graduate student part-time.

My employer offers a tuition reimbursement program, where they pay a % of the tuition costs, and I pay a % of the tuition costs.

In preparing my taxes, how do I account for this?


1. Ignore the 1098-T and work from your own financial records.

2. If you don't know whether your employer's reimbusement is taxable income to you, find out.

3. If the reimbursement is taxable, treat the expenses the same as if you had paid them without reimbursement.

4. You must make an allocation of expenses to reflect nontaxable reimbursements. Double-dipping is not allowed. See the chapter in IRS Publication 970 pertinent to the tax benefit you're pursuing.

Phil
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