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March 24, 2022
Question

Educational Tax Credit

  • March 24, 2022
  • 1 reply
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I received a 1098 - T from a qualified college where I am pursuing my post- graduate degree. It appears that I am eligible for the LLC credit, but my employer reimburses me with  tax free funds that do not appear on my W-2. Can I still take the credit ? 

    1 reply

    March 24, 2022

    No. You cannot claim a credit for education expenses paid with tax-free funds

    Qualified Education Expenses

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