Employer paid tuition.... My employer paid my tuition for all of last year for my master's degree. After the $5250 allowed by the federal government taxfree, PUB 970, I had to pay taxes on the remaining $3138.87. What my employer did was make me pay the $3138.87 over several pay periods. I was only supposed to be taxed on that amount and it was to be added to my total salary. Basically, I have no idea how to claim this on my taxes or if it is even legal the way my employer did this. Any help would be appreciated.
Koifish |