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March 29, 2020
Question

Graduate Student Tuition Remission

  • March 29, 2020
  • 1 reply
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I am a graduate student and receive tuition remission from the university for being a teaching assistant. Would this be considered taxable income?  

    1 reply

    KrisD15
    March 29, 2020

    According to the IRS:

    "A tuition reduction you receive for graduate education is qualified, and therefore tax free, if both of the following requirements are met.

    • It is provided by an eligible educational institution.

    • You are a graduate student who performs teaching or research activities for the educational institution."

    If the remission is considered taxable, it should be included in Box 1 of your W-2. 

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    March 29, 2020

    Thank you for the response! I would like to get a bit more clarification on "If the remission is considered taxable, it should be included in Box 1 of your W-2". I received a 1098-T with information in box 1 and 5 how would I know if those amounts would be taxable? 

    March 29, 2020

    Since it was reported on Form 1098-T it is not taxable. It would have been reported on a W-2 for if it was.

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