Basically as the title suggests; my husbands company paid for his masters degree and the cost of the tuition was reflected in his W2 as taxable income. My husband would pay the tuition and then get reimbursed at the end of each semester after showing proof of his grades and previous payment. I guess this is fairly straightforward, but my questions would be 1) why was this not taxed at the time if it’s considered taxable income and 2) is there anything we may be missing here? We have the cash but it would be a large portion of our emergency fund and I want to make sure bases are covered.
Submitted January 29, 2019 at 07:14AM by tahiniweenie http://bit.ly/2sRHGOr
