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The value of employee graduate tuition remission benefits above the current IRS exemption limit of $5,250 per tax year and the entire value of spousal graduate tuition remission is taxable to you.
The Internal Revenue Code requires that taxable graduate tuition remission be added to an employee’s taxable wages as Box 1 W2 income in the year in which it was incurred, thus taxes must be withheld from the employee’s pay within the calendar year.
Payroll will email you if you have taxable tuition remission being applied to your pay.
To apply for tuition remission or grant-in-aid, please click on the appropriate link below prior to the start of each semester:
Tuition Tax Exemption Form_2024_fillable.pdf