Solved

Should I include employer reimbursement on my taxes if I didn't receive it until 2020?

Forum|Forum|6 years ago
March 1, 2020
1 reply
0 views

I started school in fall of 2019 and paid for it out-of-pocket. Do I include my employee assistance money on my 2019 taxes if it wasn't paid to me until Jan 2020? They fully refunded me what I paid in 2019 and I used that money to pay for my 2020 classes.

Best answer by ThomasM125

No, since they will be reimbursed, you should not deduct the tuition expenses.

T

ThomasM125

You should not report your education expenses in 2019 if they will be refunded in 2020. It is likely that your employer will not include your reimbursement as income on your W-2 form, in which case you do not need to report anything on your tax return in 2020.

Otherwise, you can deduct your educations expenses in the year that the associated income appears as taxable income on your W-2 form.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"